Federal Reserve officials backed Chair Jerome Powell’s “wait-and-see” message on Friday, signaling they won’t rush to respond to the inflationary impact of President Donald Trump’s so-called “Liberation Day” tariffs,

The Fed is in a “good place to wait and see” before moving on interest rates, Powell said Wednesday. “We don't think we need to be in a hurry. We think we can

President Donald Trump in a Thursday morning message on Truth Social called Fed Chair Jerome Powell a “fool,” responding publicly to the U.S. central bank’s decision yesterday to keep interest rates unchanged.