The Federal Reserve held interest rates steady at 4.25–4.5%, resisting growing political pressure from President Trump to make cuts before the November election.
Fed Chair Jerome Powell signaled that while two rate cuts are expected this year, inflation remains sticky and growth is slowing.
Trump, campaigning hard on the economy, lashed out at the Fed for “failing the American people.”
Behind the numbers, the real fear for everyday Americans is rising: Will housing, gas, and food prices ever go back to normal?
Also Read: Courtroom Chaos: Trump-Era Legal War Continues as Judge Tosses Columbia Lawsuit
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