Powell signals higher prices as Fed holds
Update: 2025-06-19
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Fed chief says ultimately tariff costs will be paid, in part by end consumers. (0:18 ) Dot plot still predicts two rate cuts this year. (1:44 ) Stocks end mixed as yields see a late rise. (3:12 )
Episode transcripts: seekingalpha.com/wsb
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Episode transcripts: seekingalpha.com/wsb
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Powell has reviewed the data and the data appears to indicate the admin is still being led by someone with an {r} political affiliation label attached to their name. Hence after much consideration and careful analysis, a decree of no rate cuts is to be. Several recent cuts were done with inflation being much higher... But the relevant data point was obviously completely totally much different way back then, you know with the important {d} label data point. Judy Shelton for Fed Chair, if we must.