Federal Reserve Chair Powell: Tariff impact may be short-term disruption, but if inflation is under control, it still supports interest rate cuts by the end of the year.
According to the Wise Finance APP, Federal Reserve Board member Christopher Wall said in a speech in Seoul, South Korea on Monday that although the Trump administration's policy of imposing tariffs may temporarily push up prices, if inflation pressures do not worsen persistently and the labor market remains strong, he still supports the Fed to consider cutting interest rates in the second half of 2025. This statement continues the Fed's recent cautious observation of monetary policy and also leaves flexibility for future policy adjustments.
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