Powell hints at a temporary halt in the monetary easing cycle next year

The Fed chairman signals a cautious policy next year amid expectations of increasing tariff effects on inflation

The Fed lowered the interest rate by 25 basis points to a range of 3.5% to 3.75% in the third cut during Trump's tenure

Markets expect two cuts next year instead of the previously anticipated three cuts

The Fed estimates a temporary effect of tariffs on inflation as it declines in the second half of 2026$USDC