The Fed will likely keep interest rates on hold today so markets will be watching for Trump’s reaction

Quick Summary:

If markets are hoping for some hints from Jerome Powell, the Fed chairman might disappoint.

While markets typically hang on every word from Powell in his post-meeting press conference, analysts are warning there will likely be few hints in his guidance come Wednesday.

Despite the mild fluctuations that Trump's input can trigger, economists are already expecting some kickback from the Oval Office following Powell's announcement tomorrow.

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Article Details

Author / Journalist: Eleanor Pringle

Category: EconomyBusiness

Markets: United States

Topics: Fed Inflation Politics Fed interest rate Donald Trump Jerome powell

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-07 @ 08:45:06 (22 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 988 words

Reading Time: 6 minutes read

Sentences: 5 lines

Sentence Length: 198 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28464459

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About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 56 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

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Publisher ID: #95

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