Reported 1 day ago
The Federal Reserve is expected to keep its key interest rate unchanged at its upcoming policy meeting, despite President Trump's recent calls for lower rates. With the current rate at approximately 4.3% following three consecutive cuts, Fed officials are cautious due to positive economic indicators and inflation that remains just above their 2% target. This year is anticipated to be turbulent for the Fed as it balances the need to control inflation without stifling economic growth, all while navigating Trump's public scrutiny over its policies.
Source: YAHOO