Reported 1 day ago
The Federal Reserve's two-day meeting began Tuesday, with expectations to keep interest rates steady while assessing the economic impact of President Trump's tariffs. Despite political pressure for rate cuts, the Fed may not act immediately, awaiting data on how tariffs are affecting employment and inflation. Economic resilience has been observed, but forecasters anticipate the potential for rate cuts starting in July as tariff effects emerge in economic indicators.
Source: YAHOO