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Federal Reserve Board Chairman Jerome Powell speaks during a news conference at the Federal Reserve in Washington, Wednesday, June 18, 2025

Economy

Video. Federal Reserve keeps interest rates unchanged amid tariff uncertainty

Updated: 19/06/2025 - 3:36 GMT+2

Trump has slammed the US Federal Reserve Board chief Jerome Powell, calling him “stupid”, as the federal agency holds off on interest rate changes as it anticipates economic decline in the wake of the US president’s global tariff policies.

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