Powell reiterates US Fed will wait for more data before cutting rates
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Edition: Singapore Indonesia Asia US/UK SINTRA: US Federal Reserve Chair Jerome Powell on Tuesday (July 1) reiterated the US central bank's plans to "wait and learn more" about the impact of tariffs on inflation before lowering interest rates , again setting aside President Donald Trump's demands for immediate and deep rate cuts. "We're simply taking some time," Powell said at a central bank gathering in Portugal a day after Trump sent him a handwritten missive noting how low other central
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