May 9th, 2025
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The bank did not change the money price.
Money rules stay the same. Maybe change soon. Big taxes make things not clear.
Boss Powell said taxes are not good for people and work.
Prices go up.
This is new for the Fed. Prices can go up and jobs can go down at the same time.
It is not good when people have no job and things are expensive.
Some people think Trump's taxes are not good.
The Fed helps money stay the same. It helps people get jobs. If prices go up, the Fed can make money cost more. This helps people spend less. If people lose jobs, the Fed can make money cost less. This helps people spend more.
People thought the Fed would make money cheaper. But Powell said no.
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 the Fed will look at prices and jobs.
We will wait. Then we will decide.
One man thinks the Fed will not cut interest rates now.
Trump put a tax on things from China.
This can make problems for the Fed and Trump.
Someone asked Mr. Powell a question. Mr. Powell said, "No. We look at facts."
If money is cheaper, loans are cheaper.
Prices can go up. We do not know how much.
The U.S. economy is good. Prices are not going up fast now. People are buying things. Businesses are hiring people. Many people have jobs.
Prices may go up.
May 9th, 2025
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