News list for "Rate cut central bank"

"Fed Messenger": Why the Fed is not in a hurry to join the ranks of central banks that cut interest rates

On May 8th, Nick Timiraos, the "Federal Reserve mouthpiece", said that Powell played down any speculation that the Federal Reserve is seeking to cut interest rates to ease the economic weakness caused by Trump's tariffs. Powell mentioned the word "wait" 22 times during the press conference to emphasize that the Federal Reserve is not in a hurry to act. The remarks exposed the monetary policy divide between the United States and other economies caused by Trump's trade policy. The reason is simply...

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2025-05-08 03:17:04