Powell confirms that Fed would have cut by now were it not for tariffs
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B.C. BegleyPublished at:
7/2/2025Views:
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Federal Reserve Chair Jerome Powell said the Fed would have eased monetary policy by now if not for President Trump’s tariff plan, which raised inflation forecasts and caused the central bank to hold rates steady. Speaking at a European Central Bank forum, Powell explained that the tariffs led the Fed to pause rate cuts despite pressure from the White House. The Fed has kept interest rates unchanged since December and indicated possible cuts by the end of 2025 but remains data-dependent and cautious about timing, CNBC has reported. read more: 👍 Like this video to raise awareness about how tariffs and inflation are shaping U.S. economic policy. 💬 Comment below—should the Fed have cut rates despite the inflation pressure from Trump’s tariffs? 🔗 Share this video to help others understand the connection between politics and monetary policy. 💰 Want to support the channel? You can donate directly by hitting the YouTube Thanks button. Your support helps us bring you more updates and analysis. 👉 Don’t forget to subscribe for the latest on the economy, the Fed, and global financial trends. Thanks for watching and supporting the channel. Links for B.C. Visit My Website Follow Me On Facebook / b.c.begley Subscribe To My Patreon / bcbegley Watch Me On YouTube / @b.c.begley6007 Follow Me On Twitter / bc_news1 Watch Me On Rumble Follow Me On Gab Follow Me On Truth Social Follow Me On BlueSky Watch Me On TikTok / bcbegley #FederalReserve #InterestRates #TrumpTariffs #shorts
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