Trump Pressures Fed to Halt Rate Hike Ahead of Meeting

The Trump administration is reportedly engaged in a "full-court press" to halt a potential Federal Reserve rate hike, with the next Fed meeting scheduled in ten days. This intense pressure on figures like Warsh highlights the administration's desire for looser monetary policy. Such political intervention could introduce uncertainty into Fed decisions, potentially affecting the US dollar's strength and, consequently, international gold prices and USD/PKR rates.

بحوالہ / Source: www.cnbc.com