Powell Faces Pressure as Fed Weighs Response to Trump Tariffs

Reported 1 day ago

As the Federal Reserve is expected to keep interest rates unchanged in its upcoming policy meeting, Chairman Jerome Powell faces scrutiny amidst President Trump's recent criticism and calls for rate cuts. The Fed must navigate the complexities of its dual mandate of price stability and maximum employment while responding to economic data reflecting both potential recession and a resilient labor market, all influenced by Trump's tariffs.

Source: YAHOO

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