Reported about 9 hours ago
Federal Reserve Chair Jerome Powell faces significant pressure as the Fed convenes to discuss interest rates amid looming GDP and jobs data. With expectations of a stable interest rate, reports suggest economic activity rebounded in the second quarter. However, forecasts indicate slow job growth and concerns about inflation. External pressure from President Trump adds to the complexity, emphasizing the importance of Powell's decisions in navigating trade uncertainties and economic challenges.
Source: YAHOO