Faint Hopes for a Fed Rate Cut
Monday, June 16, 2025
Trump renews pressure on Fed amid cooling inflation. Markets and the Fed remain cautious, dismissing calls for a drastic rate cut.
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AMONG the most decisive forces influencing global financial markets is the benchmark interest rate set by the United States Federal Reserve, or The Fed. Since Donald Trump’s return to the presidency in January, that lever has become entangled in a new, politically charged tug-of-war. Markets are uneasy, watching each time Trump publicly berates Fed Chair Jerome Powell and demands immediate rate cuts.
The latest round of friction came
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