With rising tariffs looming, experts warn of increased consumer prices as the Federal Reserve convenes to address economic implications.

The Federal Reserve will host a two-day meeting starting today to discuss the state of the economy. A major topic will be the economic impacts of the Trump administration’s tariffs and the potential for a recession due to the ongoing trade war.

At the end of the meeting on Wednesday, Federal Reserve Chair Jerome Powell will announce an interest rate decision. Most financial experts do not expect the Federal Reserve to cut interest rates this month.

  • explodicleEnglish
    1·
    8 days ago

    Welcome to Trumpflation. He’ll refuse to raise taxes on the wealthy, so the cost of all government spending will be added to the interest rates we’re offered for loans.