Fed in Political Crosshairs | Spokane News

The Fed faces a high-stakes dilemma: hike rates amid a surprisingly strong jobs report—or cave to presidential pressure for cuts, risking credibility. With inflation stubbornly above target and midterm elections looming, Chair Kevin Warsh signals he’s waiting for clear signs of cooling prices before acting. President Trump’s fiery threats to halt trade with nations that don’t lower rates add political heat, but solid labor data—including steady unemployment and controlled wage growth—supports a hawkish stance. Next week’s consumer price index could be the make-or-break moment. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/6daf759a49484481