Reported 1 day ago
The Federal Reserve may face pressure to cut interest rates, partially to appease markets and political demands, yet doing so before addressing persistent inflation risks could lead to repeating past mistakes. While recent weak labor data and prior revisions may support easing, the ongoing inflation trends necessitate caution. With calls for aggressive cuts amidst political pressures, the central bank's independence could be undermined, potentially affecting long-term economic stability and financial markets.
Source: YAHOO