May 9th, 2025
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The big bank did not change the money price.
The bank did not change the rate.
Powell said the tariffs are not good for people and businesses. But they are not bad for the economy now.
Prices can go up. Jobs can be fewer. Growth can be slow. Maybe short, maybe long.
Big problem for US money people. Prices go up AND people lose jobs. Not normal.
People have no work. Things cost a lot. This is bad. It happened in the past. In the 1970s.
Some people think Trump's tax is bad for money and jobs.
The Fed helps prices stay good and helps people find jobs.
Boss says no change for now.
Before, many people thought prices would stop going up, jobs would be good, and the economy would grow.
But on Wednesday, Powell said it is hard.
If taxes are big, we stop.
Powell said the next step is about prices and jobs.
He said, "We wait and see. Then we choose."
Man says money cost will not go down soon.
Trump put big tax on things from China.
This can make problems for the bank and Mr. Trump.
Trump wants low money. Does it change our work? No. We look at money.
If the Fed cuts rates, it is cheaper to borrow money.
Prices can go up. We do not know how much. We do not know how long.
US money situation is good. Prices are lower now. People buy many things. Businesses hire people. Not many people are without work.
Prices will go up soon.
May 9th, 2025
US people feel better about money after some bad months.
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