Powell warns of higher inflation, unemployment as Fed keeps rates steady
Bankrate’s experts are reacting live to the Fed’s latest interest rate decision.
Chris Kahn is a former managing editor for Bankrate. Drawing on his years of experience, Chris coaches writers and editors on the art of asking survey questions so that we can get the most out of our consumer surveys. He helps teams identify statistical trends and explain what it means for readers.
Prior to joining Bankrate, Chris managed opinion surveys at McKinsey & Co. and Reuters. He ran the political polling operation at Reuters from 2015 to 2021 along with the organization’s polling partner, Ipsos. Chris also covered personal finance at Newsday and was a national business writer at the Associated Press. He started his career covering the agricultural report for the AP in Richmond, Va.
Readers can see Chris’ work on rankings like the Best States to Retire, as well as other data studies. He also assists Bankrate with its extensive consumer survey program, using his extensive background to draw out the most useful and interesting conclusions.
Bankrate’s experts are reacting live to the Fed’s latest interest rate decision.
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Trump’s tariffs could raise prices and unemployment, backing the Fed in a corner.
Metros with big gaps in renting vs. buying have also seen home prices skyrocket in recent years.
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Stagflation is an economic “super villain,” bringing high inflation and unemployment.
Lower rates won’t fix trade uncertainty, and credit could still be tight.
The odds of a downturn jumped the most since 2022.
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