Reported about 22 hours ago
The Federal Reserve is anticipated to maintain its key interest rate during this week's meeting. However, uncertainty looms regarding future rate cuts due to potential impacts of President Trump's tariffs on the job market and inflation. While the Fed's high current rates aim to curb inflation, tariffs could either elevate living costs or jeopardize jobs, leaving the central bank in a dilemma on whether to prioritize inflation control or economic support.
Source: YAHOO