LIVE | Fed Chair Powell Issues Dire Economic WARNING As Trump Slaps 245% Tariffs On China |Trade War
In Arlington, Virginia, Powell told business reporters that the Fed was "well positioned to wait for greater clarity" before implementing adjustments such as rate cuts. Additionally, he stated that the declared duties were "much higher than anticipated." This week, market-based interest rates have already dropped significantly, with the yield on the 10-year U.S. Treasury falling below 4%. When investors are concerned about a possible recession, Treasury yields frequently decline
