WASHINGTON —
The Federal Reserve begins a two-day meeting Tuesday to address interest rates, with President Donald Trump applying unprecedented political pressure to lower them amid a slipping jobs market and persistent inflation.
Over recent weeks, Trump has been pushing the Federal Reserve to reduce interest rates , aiming to make borrowing cheaper for credit cards and home loans. Latest Forecast
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The central bank's Board of Governors will meet Tuesday and Wednesday, and some economists predict the Fed will cut its benchmark interest rate by a quarter point due to data suggesting that hiring has slowed in recent months.
"The growth rate has been very slow. We haven't seen new jobs being created, and we've got inflation. This