Reported about 11 hours ago
As tariffs imposed by President Trump are expected to impact inflation in the coming months, economists remain skeptical due to currently subdued price increases. The Federal Reserve faces pressure from the Trump administration to lower interest rates, with key upcoming reports on jobs and consumer prices set to shape the Fed's strategy. The situation is complicated by debates within the Fed and varying forecasts about the tariffs' long-term effects, as the labor market shows resilience in light of these trade tensions.
Source: YAHOO