From Investing.com: 2025-03-21 06:45:00

The Federal Reserve’s FOMC kept interest rates steady at its recent meeting, but a majority of members project two rate cuts this year, potentially bringing rates down to 3.75% to 4.00%. President Trump urged the Fed to cut rates sooner, aligning with the upcoming tariff plan. Fed Chair Powell acknowledged potential inflation from tariffs, with a report suggesting a 0.5% increase. The Fed is cautious, with no immediate rate cuts expected before May’s FOMC meeting. Market expectations lean towards a rate cut in June, with 64.5% predicting a 25 basis point reduction.



Read more at Investing.com: Trump Urges Fed to Cut Rates as April 2 Tariffs Loom