The independence of the US Federal Reserve is under scrutiny. President Trump has pressured the Fed to cut interest rates. He even called for a governor’s resignation. Fed Chair Jerome Powell is trying to balance inflation and economic growth. Economists warn that political influence could harm markets. Powell’s upcoming speech is crucial for the Fed’s future. Post navigation US housing market trend: Home sales rise in July as mortgage rates ease, inventory hits five-year high Walmart Q2 results: Sales rise 4.6% as shoppers flock and e-commerce booms; Target lags amid tariff pressures
