Fed interest-rate cut in July gains support. What does Powell think?

Is the Federal Reserve suddenly open to cutting U.S. interest rates as early as July? That’s what Wall Street investors want to know when Fed Chair Jerome Powell testifies before Congress this week.

Jun 23, 2025 - 19:16
 0
Fed interest-rate cut in July gains support. What does Powell think?
Is the Federal Reserve suddenly open to cutting U.S. interest rates as early as July? That’s what Wall Street investors want to know when Fed Chair Jerome Powell testifies before Congress this week.