Happy Fed Day. The Federal Reserve will announce its next interest rate move, or non-move, at 2 p.m. Then Chair Jay Powell will address a nation that appears to be feeling worse about the state of the U.S. economy with each passing day.
The Fed is expected to hold rates steady today, as part of a wait-and-see approach to the Trump administration’s chaotic economic policy rollout. Markets are seeking more clues on how Powell and his pals on the Federal Open Market Committee are weighing the threats of tariffs, renewed inflation, immigration shifts and general geopolitical turmoil.
