Fed Chair Powell is hesitant to cut rates, waiting for more data on inflation and job creation.

From Investing.com: 2025-06-25 01:35:00

Fed Chair Jerome Powell is facing pressure to cut rates, but remains non-committal as the economy continues to grow. The FOMC is in wait-and-see mode, likely delaying any cuts until the fourth quarter. Powell emphasizes the need to wait and see how tariffs impact inflation before taking action. The market is pricing in 56bp of cuts for the second half of the year, with September and December seen as potential cut months. The Fed may wait for more data on inflation and job creation before making a decision. The possibility of an earlier move hinges on rapid deceleration in job creation.



Read more at Investing.com: US Fed Chair Powell Still in No Hurry to Lower Rates