The Federal Reserve is likely to keep interest rates steady due to uncertainty from President Trump’s economic policies, specifically his demands for lower borrowing costs.
Trump’s immigration and tariff policies could influence economic growth, adding complexity to the Fed’s decisions as they balance political pressure while aiming for monetary independence.
Inflation is approaching the target of 2%, but future tariff impacts could stall progress. Speculation about rate cuts continues, with potential decisions hinging on upcoming inflation data.