21 Hrs
Source:
الاقتصادية
US benefit fades as Warsh speaks
Market expectations are that the U.S. Federal Reserve will hold interest rates steady at its upcoming meeting, as economic pressures mount with inflation rising to 4.2% in May and the economy performing well in the labor market with 172,000 new jobs added. Fed Chair Powell faces tough choices between maintaining current policies or tightening further to combat inflation, amid anticipation of his first speech outlining the upcoming policy direction, amid criticisms from Trump and concerns over the institution's independence.
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