May 9th, 2025
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The bank did not change money cost.
The Fed did not change the money rate. Some people think the rate will be lower. Trump's new taxes make the money situation not clear.
Jerome Powell said bad feelings about money are here. But money is okay for now. He does not know what to do.
Prices can go up. Jobs can go down. Mr. Powell said this. Maybe not for long.
This is not normal for the Fed.
Many people have no job. Prices are high. This is not good. It is hard to make it better.
Some people say Trump's taxes are bad. The taxes make things cost more. The taxes make people lose jobs.
The Fed helps the country. It wants prices to be good. It wants people to have jobs.
Big boss says no change for 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 the tariffs stay, we will not reach our goals.
Powell said the Fed will look at prices and jobs.
We wait and see.
Krishna thinks the Fed will cut rates later. Some people think September.
Trump put taxes on things from China.
They may not agree.
Someone asked the Fed. He asked about Trump. Does Trump make the Fed change rates? The Fed said no. We only look at the economy.
If the Fed cuts rates, it is cheaper to borrow money.
Prices can go up.
The U.S. economy is good now. Prices are not going up fast. People buy things. Businesses hire workers. More people have jobs.
Prices will go up.
May 9th, 2025
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