Federal Reserve's Economic Outlook and Political Tensions

The Federal Reserve has opted to keep interest rates steady at approximately 4.5%, reflecting a cautious approach amid uncertain economic conditions. Despite a slight downgrade in economic growth forecasts and heightened inflation concerns, Fed Chairman Jerome Powell indicated that key economic indicators remain stable, leading to a positive response from Wall Street. Concurrently, political tensions have escalated as President Trump called for the impeachment of a federal judge who blocked deportation efforts, prompting a rare rebuke from Chief Justice Roberts. This climate highlights the divided nature of governance, as legislative proposals around judicial accountability have emerged amidst broader discussions on justice and mercy.