Federal Reserve Fractures Expose Deeper Economic Uncertainty and Political Pressure

As the Federal Reserve prepares to hold interest rates steady around 4.3%, an unusual fracture is emerging within the nation’s most powerful economic institution. Governors Christopher Waller and Michelle Bowman, both appointed during President Trump’s first term, are poised to dissent from the majority—a rare split unseen in over thirty years. This division is not just an internal disagreement; it reveals a broader struggle intertwining our economy’s uncertain outlook with mounting political pressure from Washington. Is the Fed Losing Its Independence Under Political Duress? The economy today stands at a crossroads. Officially, unemployment hovers at a low 4.1% with modest...