- ANALYSIS: With the Federal Open Market Committee likely to hold interest rates steady today, political pressure from President Trump threatens the Fed’s historically independent role in setting economic policy. Analysts expect Powell to maintain a cautious, data-driven stance amid rising uncertainty, while markets brace for backlash from the White House that could inject further volatility.
Whether or not they'd like to admit it, there has been an elephant in the room during the U.S. central bank's Federal Open Market Committee (FOMC) meeting this week.
