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Fed Chair Jerome Powell said in the Wednesday meeting that they expected inflation in goods prices to increase over the summer due to President Donald Trump's tariffs

US Fed rates unchanged; Powell sees 50 bps cut in 2025

June 19, 2025, 12:08 PM - 3 min read

The US Fed’s Federal Open Market Committee (FOMC) on Wednesday kept the benchmark interest rates unchanged due to heightened US economic uncertainty and fears of inflation

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