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Fed's decision on interest rates tomorrow — Trump intensifies pressure
The Federal Reserve is set to announce its next decision on interest rates tomorrow, and tensions are rising. Former President Trump has urged Fed Chair Jerome Powell to lower rates, citing declining inflation. He even hinted that he might have to 'force something' if the Fed does not take action.
With inflation decreasing and the election season heating up, pressure on Powell is mounting. Markets are closely watching the situation — will the Fed remain steadfast or change under political pressure?