Federal Reserve officials backed Chair Jerome Powell’s “wait-and-see” message on Friday, signaling they won’t rush to respond to the inflationary impact of President Donald Trump’s so-called “Liberation Day” tariffs,

While Fed Chair Jerome Powell suggested it’s in a “good position” to act decisively if necessary, some economists worry this approach could make the central bank slow to respond to a downturn. Fed policymakers have not been moved by this “soft data,

President Trump called out Jerome Powell in a Truth Social post for not lowering interest rates this week, continuing his attacks on the Fed chief.

The Fed is in a “good place to wait and see” before moving on interest rates, Powell said Wednesday. “We don't think we need to be in a hurry. We think we can