Trump Slams “Dumb” Fed Chair As Powell Shrugs Off Dovish Colleagues, Reiterates “No Rush” To Cut In his prepared remarks ahead of this morning’s Humphrey-Hawkins testimony to Congress, Fed Chair Powell reiterated his comments from last week’s FOMC that the central bank is in no rush to lower interest rates as officials wait for more clarity on the economic impact of President Donald Trump’s tariffs. “The effects of tariffs will depend, among other things, on their ultimate level,” Powell said Tuesday in remarks prepared for delivery to Congress. “For the time being, we are well positioned to wait to learn more about… — Continue at ZeroHedge News : Read More
