Fed Poised to Hold Rates as Powell Faces Trump Pressure

1 min read
Source: NBC News
Fed Poised to Hold Rates as Powell Faces Trump Pressure
Photo: NBC News
TL;DR Summary

The Federal Reserve is expected to keep interest rates unchanged as it weighs a cooling labor market against inflation still above its 2% target, while Powell confronts political pressure from Trump and ongoing questions about the Fed's independence.

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