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Trump-Powell Showdown Makes Wednesday's Fed Meeting About Much More Than Rates
Yahoo Finance· 2026-01-30 05:31
Wednesday's Federal Reserve meeting is expected to be routine on paper — but markets may be bracing for something far less ordinary. Any fireworks are unlikely to come from monetary policy, but Chair Jerome Powell's press conference could turn tense as politics, subpoenas and presidential pressure overshadow an otherwise quiet meeting. According to CME FedWatch data, there's a 98% probability the Federal Open Market Committee keeps the federal funds rate unchanged at 3.50% to 3.75%. Looking ahead, expe ...