Market participants are also grappling with several potential threats to U.S. economic growth, whose resilience this year has helped push stocks higher. Foremost is the challenge presented by higher rates, if the Fed follows through on its pledge to keep borrowing costs elevated as it seeks to decisively turn the tide on inflation.
Why Donald Trump must let Jerome Powell do his job
Donald Trump’s criticism of Jerome Powell raises concerns. This interference could destabilize the economy. GDP projections are down. Inflation and unemployment are rising. Powell is