As expected, the Federal Reserve cut the federal funds rate for the third time in 2025, but the outlook for 2026 is muddled by politics, delayed economic data, and a rocky economy.
Trump's economic adviser Kevin Hassett is currently the strong favorite to succeed Jerome Powell as the next Fed chair.
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US Fed meeting live: Jerome Powell says delayed data weighed on inflation, employment projections
Fed Chair Jerome Powell said that available data show that the outlook for employment and inflation have not changed much ...
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