this post was submitted on 26 Jul 2025
14 points (93.8% liked)
Stocks
1118 readers
1 users here now
A community for discussing stocks.
Rules:
- No bigotry: Including racism, sexism, homophobia, transphobia, or xenophobia. Code of Conduct.
- Be respectful. Everyone should feel welcome here.
- No NSFW content.
- No Ads / Spamming.
- Be thoughtful and helpful: even with ‘stupid’ questions. The world won’t be made better or worse by snarky comments schooling naive newcomers on Lemmy.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Well with Trump breathing down his neck, I'd expect immense pressure on him to quickly lower interest rates, but I don't think Powell will do that simply because of Trump's threats to fire him. Given that the tariffs haven't yet caused significant price changes in imported goods, these things may change in the coming months.
Powell's term ends in May 2026, and he will remain a member of the Federal Reserve Board of Governors until 2028, but he wants to do the right thing for the economy and not placate a bully. So I'd expect he would keep interest rates unchanged, unless the threatened tarrifs don't play out like they are planned and if the economy miraculously holds steady, perhaps Powell will flirt with a 25 bsp decrease.