Powell says nobody holds these rate paths with a great deal of conviction

Powell reading @M_C_Klein. Says the cool inflation data lately is, in large part, a story of rental declines

#WATCH | Fed holds rates steady, signals 2 cuts in 2025 despite sticky inflation & slowing growth. GDP outlook trimmed, long-term cuts dialed back — a stagflation-lite setup? Listen in! #FederalReserve #InterestRates #Powell #USInflation #FOMC pic.x.com/kIhOx53iYB

#WATCH | President Donald Trump slams Fed Chair Jerome Powell as “stupid” for not cutting interest rates, blaming him for high borrowing costs. Amid economic uncertainty, the Fed stays cautious — Trump even jokes about replacing Powell with himself! #Trump #FederalReserve pic.x.com/jB9a6wCUzg