ABCNEWS - Fed expected to defy Trump in 1st rate decision since reports of Powell probe
The Federal Reserve is widely expected to defy the wishes of President Donald Trump, who has called for significantly lower interest rates.
AI:The Federal Reserve is poised to maintain current interest rates, directly defying pressure from President Trump to implement aggressive cuts. This decision comes amid reports of an investigation into Chair Jerome Powell, signaling a commitment to independent monetary policy over executive interference.Open