Powell Expected to Maintain Current Interest Rates

Recent commentary challenges claims that Federal Reserve Chair Jerome Powell is intentionally keeping interest rates high to undermine Donald Trump, arguing instead that the Fed's actions actually suppress rates below what a free market would dictate. Critics of Powell, including some Trump supporters, advocate for immediate rate cuts, but economists assert that the Fed is unlikely to consider lowering rates until there is clear evidence that inflation has peaked. The narrative that the Fed is part of a 'deep state' working against Trump is dismissed as misleading, with experts emphasizing that Fed policy is driven by broader economic conditions rather than political motivations. Investors seeking signals of imminent rate cuts are cautioned that such moves are not yet under consideration by the central bank.