Washington CNN —
In its first key decision of President Donald Trump’s second term, the Federal Reserve is widely expected to hit pause on rate cuts Wednesday.
It’s not a decision that is likely to land well with Trump, who has argued that the president should have some say in Fed decisions, explaining “I think I know interest rates much better than they do, and I think I know it certainly much better than the one who’s primarily in charge of making that decision.”
Fed Chair Jerome Powell will have a chance Wednesday afternoon to
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