As Jerome Powell prepares for a crucial speech at Jackson Hole, the pressure mounts from President Trump for the Fed to lower interest rates. With hiring slowing and inflation rising, how will Powell navigate these economic challenges? Discover the implications!
Could slashing the federal funds rate to 1% trigger economic turmoil? Experts warn that such a drastic move could stoke inflation and prompt businesses to hunker down rather than expand.
The Federal Reserve keeps the federal funds rate steady while navigating a complex economic landscape. With solid growth and elevated inflation, how will this impact your finances?
