Fed Chair Powell’s live briefing on rate policy
Wednesday, May 7, 2025, 2:20 pm
Fed Chair Powell addressed market concerns with a live update that firmly rejected President Trump’s calls for rate cuts. Speaking amid rising inflation and stagflation fears, Powell outlined the Fed’s commitment to a cautious, measured monetary policy while dismissing politically charged demands for immediate easing.
Shares firm on hopes for trade deals, dollar tries to hold post-Fed bounce Reuters
Watch Live: Fed Chair Powell Explains Why It's Different Now Vs September With no actions taken and no SEP to discuss (although the statement clearly hints at stagflationary uncertainty), all eyes (and ears) are now focused on every word that Powell says for hints about whether prices…
Federal Reserve warns of rising economic risks as it holds rates steady Financial Times
Fed Rejects Trump Calls To Cut Rates: Warns Of "Increased" Stagflationary "Uncertainty" Since the last FOMC meeting, on March 19th, a great deal has happened - Liberation Day, bond market crisis, stock market crash, a tariff pause, stock market surge, sentiment slump but labor market…
permalink / 4 stories from sources in 15 hours ago #banking #finance #treasury #economy
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