Powell: We went on hold [for rates] when we saw the size of the tariffs.... The solid majority at the Fed expect rate cuts later this year.... Can't say if July rate cut is too soon... depends on data... We see gradual cooling in the labor market.
Powell: We went on hold [for rates] when we saw the size of the tariffs.... The solid majority at the Fed expect rate cuts later this year.... Can't say if July rate cut is too soon... depends on data... We see gradual cooling in the labor market.
This is a bonfire demo instance for testing purposes