Reported about 6 hours ago
The Federal Reserve is likely to maintain steady interest rates in its upcoming meeting, but the influence of President Trump's tariffs poses potential changes to economic forecasts. The Fed’s projections, particularly the dot plot, indicate a consensus on two rate cuts this year, although concerns about tariffs affecting growth and inflation linger. Economists expect inflation to rise significantly in the coming months, complicating the Fed's decision-making amid market volatility and the risk of stagflation.
Source: YAHOO