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The Fed meets for the first time since Trump's term started. Here's what to expect

28 January 2025
in World
The Fed meets for the first time since Trump's term started. Here's what to expect
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The Federal Reserve is meeting for the first time in President Trump’s second term, with Trump pushing for lower interest rates, though market indicators suggest rates will remain steady at 4.25%-4.5%. Despite White House pressure, the Fed is likely to stay on hold until June as officials assess the impact of Trump’s proposed policies on inflation and the economy, with former Dallas Fed President Robert Kaplan advocating for a pause in rate changes to allow for stability amidst ongoing structural changes.

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Tags: business newsDonald J. TrumpDonald TrumpEconomyExpectFedFederal Reserve BankHere039sInflationInterest RatesJerome PowellMarketsMeetsPoliticspricesstartedTermTimeTrump039s
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