According to a report by The Wall Street Journal on June 24th, Federal Reserve Chairman Powell stated in written testimony during a congressional hearing that recent economic activity has been robust, allowing policymakers to continue monitoring inflation and employment data to determine whether and when interest rate cuts will resume. Powell emphasized that the Federal Reserve will ensure that the price shock caused by tariff increases does not escalate into a "persistent inflation problem". He did not explicitly imply a rate cut in July. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=44498