Fed Expected to Cut Rates Amid Growing Divisions and Trump Pressure
TLDR The Federal Reserve is poised to cut rates for the first time in nine months. Trump has pressured the Fed to reduce borrowing costs to boost housing. Unemployment claims are rising, signaling a softening labor market. The Fed faces divisions over the scale of the rate cut, with some favoring smaller cuts. The Federal […] The post Fed Expected to Cut Rates Amid Growing…
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Political turbulence engulfs Fed as central bank gathers for policy meeting
For Fed, a political, economic quandary
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