Fed Meeting Starts Today—Here's Why You Shouldn't Expect Interest Rate Cuts Despite Trump's Demands
1. The Fed is expected to hold interest rates steady this week. 2. 97% odds predict no rate cut according to CME Group's FedWatch Tool. 3. Trump criticized Powell, calling for rate cuts but you can't legally fire him. 4. Inflation is at a four-year low, but tariffs may increase consumer prices. 5. Job growth remains robust, with 177,000 new jobs added last month.