Federal Reserve Official Sees Signs of Slowing Economy but Not Ready to Cut Rates

A top Federal Reserve official said Friday that massive uncertainty created by President Donald Trump’s tariffs has caused some businesses to cut back on hiring and spending, threatening to slow the economy, but he added that it’s not yet clear whether the central bank should cut its key interest rate

aldoguerra851@gmail.com aldoguerra851@gmail.com
May 9, 2025 - 15:42
2 0
A top Federal Reserve official said Friday that massive uncertainty created by President Donald Trump’s tariffs has caused some businesses to cut back on hiring and spending, threatening to slow the economy, but he added that it’s not yet clear whether the central bank should cut its key interest rate
Read More