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Fed Keeps Rates Unchanged After Trump Slams 'Stupid' Powell

Upworthy Wednesday, 18 June 2025 ()
Voice is AI-generated. Inconsistencies may occur. The U.S. Federal Reserve, led by chair Jerome Powell, has announced that it is not lowering the rates. The federal funds rate remains unchanged at 4.25percent to 4.5 percent. The Fed last cut interest rates in December but since then, and despite…
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Video Credit: euronews (in English) - Published
News video: US Federal Reserve keeps interest rates unchanged as it awaits the impacts of Trump's global tariffs

US Federal Reserve keeps interest rates unchanged as it awaits the impacts of Trump's global tariffs 02:00

 US Federal Reserve keeps interest rates unchanged as it awaits the impacts of Trump's global tariffs Trump has slammed the US Federal Reserve Board chief Jerome Powell, calling him “stupid”, as the federal agency holds off on interest rate changes as it anticipates economic decline in the wake...

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