Fed Watch: In No Hurry

The Fed left rates unchanged for the fourth straight time in arow at the June FOMC meeting, holding the Fed Funds range at 4.25%–4.50%. This week on Basis Points, Kevin Flanagan explains why Powell & Co. remain firmly in “wait and see” mode as tariff risks and mixed macro signals cloud the outlook for future cuts. 

Basis Points: 1/100th of 1 percent.  

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