Federal Reserve Chair Powell Set to Maintain Interest Rates Despite Trump Pressure

Reported about 12 hours ago

Federal Reserve Chair Jerome Powell is expected to keep interest rates steady amid rising inflation concerns and external pressure from President Trump for a rate cut. Recent job data showing an increase in employment may provide Powell the justification to maintain rates. However, ongoing trade tensions and tariff strategies complicate the economic outlook, adding uncertainty for central banks globally.

Source: YAHOO

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