
Federal Reserve Chair Jerome Powell faces criticism from Senator Elizabeth Warren for not cutting interest rates during the latest Federal Open Market Committee meeting. Warren characterized Powell's decision as a 'serious mistake' and urged immediate rate cuts in light of a disappointing jobs report. Analysts have echoed concerns, suggesting that the Fed's inaction represents a significant policy error. The commentary reflects growing unease regarding the state of the labor market and the broader economic implications of maintaining current interest rates.
Senator Elizabeth Warren hammers Federal Reserve Chair Jerome Powell over jobs report: ‘Cut rates now’
Senator Elizabeth Warren hammers Federal Reserve Chair Jerome Powell over jobs report: ‘Cut rates now’ https://t.co/y08Nu045qN
Shot/Chaser *SEN. WARREN: POWELL MADE A `SERIOUS MISTAKE' NOT CUTTING RATES https://t.co/vwq2BCXkRU
