Ignoring Trump's pressure, Jerome Powell-led US Federal Reserve expected to keep interest rates unchanged
The Federal Reserve is expected to hold interest rates steady, despite pressure from Donald Trump for a cut. Uncertainty surrounding the economic impact of tariffs is a key factor influencing the Fed's cautious approach. While Trump claims inflation is nonexistent, data suggests otherwise, and political scrutiny of the Fed's spending and policies is intensifying.
The Federal Reserve is expected to hold interest rates steady, despite pressure from Donald Trump for a cut. Uncertainty surrounding the economic impact of tariffs is a key factor influencing the Fed's cautious approach. While Trump claims inflation is nonexistent, data suggests otherwise, and political scrutiny of the Fed's spending and policies is intensifying.
