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Two Interest Rate Cuts Possible in 2025, Powell Says—Fed Awaits Clearer Outlook After Tariffs

  • Jerome Powell, the Federal Reserve Chair, indicates no rate changes until economic outlook clears, citing high inflation and weak growth offsetting each other.
  • Aggressive tariffs and retaliation spark inflation and slow growth concerns, with Powell warning of persistent economic effects.
  • Two rate cuts remain possible for 2025, depending on inflation trends and economic stabilization.
  • Powell maintains a measured tone and confidence in the Fed's ability to adapt policies amidst economic challenges.

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