Reported 1 day ago
The Federal Reserve faces uncertainty in 2025 as it navigates potential interest rate cuts amid the incoming President Donald Trump's policies, particularly concerning tariffs that may exacerbate inflation. Fed Chair Jerome Powell has acknowledged the unpredictability due to expected significant policy changes from the new administration, which may complicate the Fed's dual objectives of managing inflation and unemployment. Tensions between Trump and Powell could re-emerge, with the president seeking more influence over the Fed's decisions.
Source: YAHOO