“With the conflict between inflation risks on the upside and employment risks on the downside, we expect Chair Powell repeats that policy is not on a preset course and is data dependent,” economists ...

The Federal Reserve is widely expected to announce it is lowering the target for its key lending rate by 0.25 percentage points.

“Too Late’ MUST CUT INTEREST RATES, NOW, AND BIGGER THAN HE HAD IN MIND. HOUSING WILL SOAR!!!” the president said on his Truth Social platform on Monday, using his nickname for Powell.