The US Federal Reserve will announce whether it will lower interest rates later on Wednesday. Chairman Jerome Powell has been pressured by the president to do just that. Trump has even threatened to fire Powell - despite the agency being protected under federal law. Al Jazeera’s Patty Culhane reports. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on X: https://twitter.com/AJEnglish Find us on Facebook: https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.io/AJEMobile #FederalReserve #DonaldTrump #JeromePowell #RateCut #USeconomy #FedDecision #MonetaryPolicy #Inflation #InterestRates #EconomicPressure #MarketWatch
US Federal Reserve Chair Jerome Powell faces pressure as Americans await rate cut decision
The US Federal Reserve will announce whether it will lower interest rates later on Wednesday. Chairman Jerome Powell has been pressured by the president to do just that. Trump has even threatened to fire Powell - despite the agency being protected under federal law. Al Jazeera’s Patty Culhane reports. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on X: https://twitter.com/AJEnglish Find us on Facebook: https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.io/AJEMobile #FederalReserve #DonaldTrump #JeromePowell #RateCut #USeconomy #FedDecision #MonetaryPolicy #Inflation #InterestRates #EconomicPressure #MarketWatch