Story perspectives
Fed Officials Cautious as Markets React to Earnings
4/26/2025
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Story summary
- Federal Reserve officials Waller and Hammack confirmed no immediate plans for interest rate cuts.
- Hammack advocated for a cautious, data-driven approach amid economic uncertainty.
- President Trump expressed dissatisfaction with Fed Chair Powell's rate decisions, highlighting tensions with the Fed.
- U.S. stock markets rose due to strong earnings and reduced trade tensions, despite ongoing volatility.
