June 9, 2025

Fed Chair Jerome Powell says he trusts his decision to cut rates by 50 bps

1 min read

Jerome Powell, the man in charge of the Federal Reserve, has addressed the public directly moments after his decision to slash interest rates by 50 basis points. At the post-FOMC presser, Powell told us that he trust the decision he made, and that it wasn’t because the economy is doing worse than economists think. He

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