The Fed did not change the money price.

The Fed did not change the rate.

A man named Powell talked. He said taxes are bad for people and work. He does not know what to do now.

Big taxes can make prices higher. This can make jobs less good. This can be for a short time or a long time.

This is new for the Fed.

It is bad when people have no jobs and things cost a lot.

Things cost more. Some people lose jobs.

The Fed wants prices to be okay and people to have jobs.

The Fed will not change the price of money now.

Many people thought the economy would be good. Prices would go down. People would have jobs.

But on Wednesday, Powell said no.

If prices go up, we stop.

Powell said: Money will change. It depends on prices or jobs.

We wait and see. Then we decide.

Krishna thinks the Fed will not cut interest rates now.

Trump wants more money for things from China.

Maybe the bank and the president will not agree.

Someone asked the boss about Trump. The boss said, "It does not change our work. We look at the numbers. That is all."

Money is cheaper. Loans are cheaper.

Taxes on things from other countries are a problem.

The U.S. economy is good. Prices are not high now. People buy many things. Businesses hire workers. Many people have jobs.

Prices will go up.