Powell says the Fed would have cut rates this year if it weren’t for tariffs
Headline from Local News 8
By Bryan Mena, CNN Washington (CNN) — The Federal Reserve would likely have lowered interest rates this year if it weren’t for President Donald Trump’s significant policy changes, Chair Jerome Powell said Tuesday.
Local News 8's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
By Bryan Mena, CNN Washington (CNN) — The Federal Reserve would likely have lowered interest rates this year if it weren’t for President Donald Trump’s significant policy changes, Chair Jerome Powell said Tuesday.
Asked about Trump’s barrage of insults, Powell’s comment that the Fed was focused “100%” on its inflation and jobs target drew applause from the audience at a European Centr…