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The Fed will likely keep interest rates on hold today so markets will be watching for Trump’s reaction
fortune.com/2025/05/07/fed-politics-independence-markets-cut-hint-trump
ANALYSIS: With the Federal Open Market Committee likely to hold interest rates steady today, political pressure from President Trump threatens the Fed’s historically independent role in setting economic policy. Analysts expect Powell to maintain a cautious, data-driven stance amid rising…
This story appeared on fortune.com, 2025-05-07 08:45:06.