US-Notenbankchef Jerome Powell

Fed interest decision Jerome Powell: "The challenges come from politics"

The US Federal Reserve Fed lowers the key interest rates by 25 basis points, making a big step. Has boss Jerome Powell bent with Donald Trump?

FED-Notenbank boss Jerome Powell made every effort to avoid the crucial word-and ultimately made it. The labor market is “interesting” and “challenging”, said Powell, at the same time inflation is not as much as hoped. What economists would probably define as classic stagflation signals, Powell around the 52-minute press conference with many words.

Bryce

I am Bryce, a writer for Southshore Journal, and I bring my passion for general news to our dynamic team. My commitment to editorial quality and the responsibility of informing guide my daily efforts. Working in collaboration with our talented journalists and editors, I strive to provide accurate and current information for our attentive audience.