#fedhikeoddsriseto89% President Trump wants interest rates lower, but Wall Street is bracing for the exact opposite as the Fed
prepares for a decision that could set up a major showdown with the White House.
reports markets see roughly a 90% chance of a rate hike
Wednesday, which would be the first increase since 2023.
Trump argues the strength of the U.S. economy should allow rates to come down, while the Fed is weighing inflation that remains above its 2% target.$BR $AIN $CAP
prepares for a decision that could set up a major showdown with the White House.
reports markets see roughly a 90% chance of a rate hike
Wednesday, which would be the first increase since 2023.
Trump argues the strength of the U.S. economy should allow rates to come down, while the Fed is weighing inflation that remains above its 2% target.$BR $AIN $CAP
