r/wallstreetbets 1d ago

News Powell sees tariffs raising inflation and says Fed will wait before further rate moves

https://www.cnbc.com/2025/04/04/powell-sees-tariffs-raising-inflation-and-says-fed-will-wait-before-further-rate-moves.html
11.4k Upvotes

1.1k comments sorted by

View all comments

1.8k

u/GanledTheButtered 1d ago

"Wait and see" strategy being maintained. Oh boy.

63

u/ChaseballBat 1d ago

It's almost like their entire job is reactionary not anticipatory.

When have they ever cut rates in anticipation of something?