Reported about 14 hours ago
At the 2025 World Economic Forum, BNY Mellon CEO Robin Vince discussed the potential for a Federal Reserve rate hike, emphasizing that no options should be ruled out as the US navigates tariffs and inflation under President Trump's policies. Vince highlighted the role of tariffs in trade policy and their inflationary impact on consumers while noting that the Fed is likely to pause to assess the economic situation.
Source: YAHOO