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The chances of a hike remain, with upcoming inflation reports a key focus for Fed officials.
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Trump is once again threatening to fire Cook over unproven allegations of mortgage fraud after an earlier effort to remove Cook was struck down by the Supreme Court.
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Trump Restarts Battle to Fire Sitting Fed Governor Lisa Cook The New York TimesTrump tries again to fire Fed governor Lisa Cook, renewing battle over central bank independence FortuneTrump renews effort to fire Fed's Cook, continuing attacks on central bank ReutersTrump considers moving forward with removal of Fed governor Lisa Cook Yahoo FinanceWhite House revives unprecedented effort t
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While the Fed didn't raise rates, the bond market did. That means hardship for home buyers and higher hurdles for A.I. data centers and the stock market. But it's also a boon for retirees.
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A weaker labor market would weaken the case for raising rates, which some members of the central bank have called for amid higher energy prices.
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