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Fed & yields

Rate Cut Dilemma: Powell Must Balance Trump’s Demands Against Fed Credibility on Inflation

How to Set Up a Precious Metals IRA with Altinavcisi
How to Set Up a Precious Metals IRA with Altinavcisi

Fed Chair Jerome Powell faces a high-stakes decision at Friday’s Jackson Hole speech amid intense pressure from President Trump for rate cuts and mixed economic signals.

While Trump demands rates be slashed to 1% and investors expect a September cut, inflation remains above the Fed’s 2% target and is expected to rise further due to tariffs.

Powell may seek middle ground, opening the door to possible cuts without firm commitments. The speech comes as Trump escalates attacks on Fed independence, demanding Governor Lisa Cook resign and threatening Powell’s position ahead of his term ending in May.

Eight more from the desk

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