Reported about 23 hours ago
President Trump is pressuring the Federal Reserve to cut interest rates, but analysts on Wall Street are increasingly anticipating that rate hikes may occur instead. Despite Trump's insistence for immediate cuts, many economists believe the strong US economy and inflationary pressures will lead the Fed to keep rates steady or increase them in the coming months. Key financial figures express skepticism about any imminent cuts, emphasizing that the focus should shift towards potential rate hikes.
Source: YAHOO