Part 2/8:
In financial news, the Federal Reserve, led by Jerome Powell, has once again decided against cutting interest rates, maintaining them in the range of 4.25% to 4.5%. This decision has elicited sharp critiques focusing on the implications of current economic policies under the Trump administration. The Fed's cautious stance, described as a “wait-and-see” approach, reflects growing uncertainties tied to tariffs that could potentially inflate costs, hamper economic growth, and increase unemployment.