Reported 1 day ago
President Trump faces a contradiction in his desire for lower interest rates while imposing tariffs that could raise inflation. Despite recent inflation data showing stability, Trump and his allies criticize the Federal Reserve for not cutting rates. However, economic experts argue that the Fed must maintain its stance to avoid exacerbating inflation, which could rise due to Trump's tariffs. The Fed's reputation and market stability depend on navigating these complex interactions, cautioning against immediate rate cuts without seeing the full impact of tariffs.
Source: YAHOO