Fed Pauses Rate Cuts Amid Political Pressure and Market Watch

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Source: The New York Times
Fed Pauses Rate Cuts Amid Political Pressure and Market Watch
Photo: The New York Times
TL;DR Summary

The Fed is expected to hold the federal funds rate at 3.5%–3.75%, pausing after last year’s cuts as inflation cools and the labor market remains resilient; four new voters join the FOMC this year, increasing policy dynamics amid ongoing attacks on the Fed by President Trump, with Powell’s post-meeting remarks and possible signals on bond purchases to watch as markets stay broadly muted.

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