Fed interest rate decision expected in 70 minutes amid Trump trade deficit threats; market braced for potential shock if rates held unchanged.
Macro & Markets ·
The Federal Reserve is set to announce its interest rate decision within the hour as markets brace for a potential shock if rates remain unchanged, which would mark the largest deviation from expectations since 1994. President Trump has threatened to halt trade with approximately 50% of U.S. trading partners unless the Fed implements rate cuts, adding pressure to an already closely watched decision.