Powell is mum on future rate cuts. Irate Trump calls on Congress to work him over.

Federal Reserve Chair Jerome Powell says there’s of when U.S. interest rates will be reduced again ahead of his annual testimony to Congress, setting up a potential clash with President Donald Trump’s staunchest Republican allies.

Jun 24, 2025 - 15:04
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Powell is mum on future rate cuts. Irate Trump calls on Congress to work him over.
Federal Reserve Chair Jerome Powell says there’s of when U.S. interest rates will be reduced again ahead of his annual testimony to Congress, setting up a potential clash with President Donald Trump’s staunchest Republican allies.