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Fed & yields

Fed Expected to Hold Rates Steady Despite Trump’s Push for Cuts

Gold vs. Stocks: What Market Trends Reveal About the Next Crash
Gold vs. Stocks: What Market Trends Reveal About the Next Crash

President Trump is pushing for interest rate cuts from the Federal Reserve, but the central bank is expected to maintain current rates at its May 7 meeting.

Despite Trump’s social media criticism that the Fed has been “TOO LATE AND WRONG,” experts predict a 97% chance rates will remain at 4.25-4.5%.

The U.S. economy is showing mixed signals with negative GDP growth but strong job numbers, while economists are concerned about recession risks from Trump’s tariffs, particularly the 145% duty on Chinese imports.

Eight more from the desk

Other dispatches from the bullion wire.