Federal Reserve Chair Jerome Powell announced a hold on interest rate changes, awaiting clarity on President Trump's economic policies. Uncertainty surrounds immigration, tax policy, regulation, and trade tariffs. While tariffs are expected to cause short-lived inflation and slower growth, opinions diverge among Fed officials. Some, like Waller, downplay long-term tariff impacts, while others prioritize inflation control.
source https://timesofindia.indiatimes.com/business/international-business/wait-for-greater-clarity-us-federal-reserve-to-hold-off-altering-interest-rates/articleshow/120354289.cms