Trump’s trade wars are putting the US economy at risk. But the Federal Reserve doesn’t appear ready to step in just yet.
|06/18/2019||Posted by BusinessMediaguide.Com under General World News||
- The Federal Reserve is expected to leave borrowing costs unchanged Wednesday at the end of a two-day policy meeting.
- Trump has increased pressure on the independent central bank in recent months as his trade wars threaten to hurt the economy ahead of the 2020 elections.
- Economists say other growth data remains solid, however, particularly with significant upward revisions to the April retail sales report.
The Federal Reserve is expected to leave borrowing costs unchanged Wednesday at the end of a two-day policy meeting, even as President Donald Trump continues to call on officials to lower them.
The president has renewed pressure on read more >>>