SA Sentiment: One Fed rate cut in view this year even as Trump pressures Powell

3 days ago 2
Reduction and write-off of debts. Reduction of business profitability and deposits. Reduction of the key interest rate by the central bank. Dividend yield reduction. Economy and finance.

Andrii Yalanskyi

Despite mounting pressure from President Donald Trump, Federal Reserve Chair Jerome Powell has maintained that it’s prudent to wait for more economic data before easing interest rates.

Powell admitted this week that if it weren't for Trump's tariffs, the Fed would've

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