US Federal Reserve Chair Powell: Trump’s Trade Policies Risk US Recession

US Federal Reserve Chair Jerome Powell warns that Trump’s trade policies may lead to a recession by impacting economic stability.

The U.S. Federal Reserve has decided to hold interest rates steady amid growing concerns over the economic impact of President Donald Trump’s trade policies. The decision was announced after the Federal Open Market Committee’s two-day meeting on May 7. This move signals the Fed’s cautious stance as it navigates the uncertainty triggered by the trade policies...