Fed's Tough Call: Rate Cut Amid Employment, Inflation Debate

The Federal Reserve is set to lower borrowing costs again, grappling with a tough decision between promoting full employment and maintaining price stability. Job growth is weak, prompting calls for more rate cuts, while inflation concerns linger due to Trumps tariffs. The last meeting before Powells successor is chosen adds complexity, as recent economic data is missing. Despite differing opinions, another rate cut is expected, with a cautious outlook for the future.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.