Audio News Archive - SRN News - Federal Reserve to make interest rate decision this week

All eyes will be on the Federal Reserve this week. The Fed will hold a two-day meeting starting on Tuesday, followed by an interest rate announcement on Wednesday. Many economists anticipate a rate cut. But the central bank faces challenges from presidential pressure to the latest economic reports. Inflation rose last month as August posted its biggest consumer price increase since January. And the job market has weakened with a sharp decline in hiring.