Powell's Testimony: Rate Cut Hints Absent

Posted: 2025-06-24 15:48:26 UTC

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2025-06-24 15:48:43 UTC

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Jerome Powell reaffirms a wait-and-see approach and provides no clear indication of upcoming rate cuts in his prepared testimony.

No signal on rate cuts

Wait-and-see stance

Uncertainty in market expectations

Potential for market volatility