Saturday, July 26, 2025

Pressure Mounts on Fed Chief Powell in Tee Up to GDP, Jobs Data

 

Federal Reserve Chair Jerome Powell and his colleagues will step into the central bank’s board room on Tuesday to deliberate on interest rates at a time of immense political pressure, evolving trade policy, and economic cross-currents.

In a rare occurrence, policymakers will convene in the same week that the government issues reports on gross domestic product, employment and the Fed’s preferred price metrics. Fed officials meet Tuesday and Wednesday, and are widely expected to keep rates unchanged again.

https://www.bloomberg.com/news/articles/2025-07-26/pressure-mounts-on-fed-chief-powell-in-tee-up-to-gdp-jobs-data

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.