Federal Reserve faces tough balancing act between fighting inflation and spurring economic growth

By CHRISTOPHER RUGABER, Associated Press Economics Writer
WASHINGTON (AP) — The Federal Reserve could keep its key rate unchanged for several more months as it evaluates the impact of President Donald Trump’s widespread tariffs on hiring and inflation, some economists say, even as the White House pushes for a rate cut.
The Fed is nearly certain to keep its rate unchanged when it concludes its latest policy meeting Wednesday. Chair Jerome Powell and other Fed officials have signaled t