The Federal Reserve is expected to hold interest rates steady, despite pressure from Donald Trump for a cut. Uncertainty surrounding the economic impact of tariffs is a key factor influencing the Fed’s cautious approach. While Trump claims inflation is nonexistent, data suggests otherwise, and political scrutiny of the Fed’s spending and policies is intensifying. Post navigation Gold rate today: Gold prices off record highs; Gold June futures start higher on May 5, 2025 Real economic blow to Pakistan! India chokes $500 million Pakistani goods entering it via third countries