💨 Abstract

The Federal Reserve is expected to keep interest rates unchanged as it assesses the impact of President Trump's tariffs on employment and inflation. Economists anticipate tariffs to increase prices but are unsure of the extent and duration. The Fed's caution may lead to conflict with the White House, which is pushing for rate cuts. The uncertainty surrounding trade policies is causing businesses to delay investment decisions, potentially slowing the economy.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖