From Yahoo Finance: 2025-04-18 04:00:00

Federal Reserve Chair Jerome Powell made it clear he won’t intervene in the bond market or lower interest rates soon, causing market turbulence. Powell emphasized the need for clarity before considering rate adjustments due to Trump’s tariffs impacting inflation and growth. Trump criticized Powell, hinting at firing him, but Powell remains firm on Fed independence.



Read more at Yahoo Finance: Jay Powell made it clear Fed is not going to rescue markets