Fed set to announce interest rates decision today
In this DML Report…
The Federal Reserve will announce its next interest rate move, or non-move, at 2 p.m.
Chairman Jay Powell will address a nation that continues to suffer from the Biden economy hangover, with inflation hovering around 6% and companies announcing more layoffs.
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The Fed is expected to hold rates steady today, as part of a wait-and-see approach to the Trump administration’s economic policy rollout. Markets are seeking more clues on how Powell is weighing the threats of tariffs, renewed inflation, and general geopolitical turmoil.