Trump’s Tariffs have shaken economies even the US. On Friday in a high-profile speech, Federal Reserve Chairman made a big statement. The Fed which has kept the interest rates unchanged for 8 straight months despite the political pressure from the Trump administration now, Powell suggested that the Fed may soon need to cut interest rates to support the economy saying that it might help the labour market. A good thing or bad? Well, lets decode the speech in detail.
#trump #tariffs #fed #powell #etnow #etnownews
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