Fed’s Powell: ‘No hurry’ to cut rates amid Trump volatility
The Federal Reserve is poised to leave interest rates steady, as it aims to separate "signal from noise" in the Trump administration’s big changes to U.S. economic policy, Chair Jerome Powell said Friday. Why it matters: Amid fast-moving changes to trade and other policies, volatile markets, and slumping consumer sentiment, the central bank is looking to offer a sense of patience,…
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