Federal Reserve remains on hold amid uncertainty over Trump's economic plans
Federal Reserve remains on hold amid uncertainty over Trump's economic plans
The Federal Reserve has moved into a near standstill as President Donald Trump continues to rail through and cut government contracts, workforce, programs and even entire agencies. While much remains up-in-the-air within the federal government, the U.S. central banking system is struck trying to adjust to the fallout in real time as Trump and his 'first buddy' Elon Musk make dramatic changes. Federal Reserve officials speaking on the matter claim policy is 'well-positioned' to adjust to the risks emerging from swift and sweeping change taking shape at the federal government.
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