May 9th, 2025
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Money rate stays same.
The bank did not change the rate. People think the bank will make the rate lower this year. New taxes make things not clear.
The boss said taxes are not good for people and work. But the economy is okay.
Prices can go up. Jobs can stop. This can be for a short time or a long time.
Prices go up. Jobs go down. This is a problem.
Prices go up. Jobs go down. This is bad. It happened before.
Things cost more. People lose jobs.
The Fed helps the country's money. It wants prices to be good. It wants jobs for people. If prices go up, the Fed makes money cost more. This helps prices. If people lose jobs, the Fed makes money cost less. This helps jobs.
Big boss says no change now.
Before, some people thought the economy would be good. Prices would not go up. Many people would have jobs.
But on Wednesday, Powell said it is hard.
If taxes are high, we cannot reach our goals.
Powell said: Is the price high? Or are jobs few? Our plan changes.
He said, "We wait. We see. Then we decide."
Expert says: No cut soon. Maybe September.
Big taxes on things from China.
The bank is careful. This can make problems. The President wants lower rates. The President might not like the bank leader if the economy is not good.
Someone asked a man about the president. The man said, 'It does not change our work. We look at numbers. That is all.'
Money rules can change.
Will taxes make things cost more?
The U.S. economy is okay. Prices are not as high now. People buy things. Jobs are easy to find.
Prices go up.
May 9th, 2025
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