Coming out of their May FOMC meeting, Federal Reserve officials decided to hold interest rates where they are. This goes against President Trump’s calls for the US central bank to begin cutting rates.
Former Federal Reserve Bank of Kansas City President and CEO Esther George joins the Market Domination team for a conversation on the inflation that the Fed is contending with alongside Trump’s 2025 tariffs, the central bank’s independence, and her outlook on the amount of rate cuts to come this year.
Fed Chair Jerome Powell will speak on the rate hold in a press conference Wednesday afternoon.
To watch more expert insights and analysis on the latest market action, check out more Market Domination here: https://finance.yahoo.com/videos/series/market-domination/
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