US EditionPowell's in a tight spot as Trump and Wall Street demand the Fed run the economy hot
The Federal Reserve's signaling of potential rate cuts in September follows recent economic data showing modest growth and inflation pressures, while upcoming tech earnings could influence market direction.
- Federal Reserve Chairman Jerome Powell warned in August 2025 of a precarious situation with rising inflation and softening job gains in Washington.
- This warning followed July and June's meager job gains, ongoing inflation fueled by tariff shifts, demographic strains, and inconsistent trade policies.
- Powell emphasized that inflation risks lean upward while employment risks lean downward, making monetary policy decisions challenging amid political and investor pressure.
- The U.S. spends $1 trillion annually servicing debt, nearly double five years ago, and a Congressional Budget Office report projects deficits rising by $3.4 trillion over ten years.
- Powell hinted possible rate cuts next month but faces divided Fed views and political moves, including pressure on Fed Governor Lisa Cook amid a Justice Department probe and threats of replacement.
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Total News Sources8
Leaning Left0Leaning Right6Center2Last UpdatedBias Distribution75% Right
Bias Distribution
- 75% of the sources lean Right
75% Right
C 25%
R 75%
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