Fed prepares to cut interest rates by 0.25%, influenced by job market struggles and Trump's pressure.

The US Federal Reserve is expected to cut interest rates by 0.25% this week, driven by a weakening jobs market and political pressure from President Trump. This move follows months of Trump's calls for lower rates. Political tensions are rising due to potential changes on the Federal Open Market Committee (FOMC), including the appointment of Trump's chief economic adviser, Stephen Miran, which could introduce division within the Fed. Markets will closely watch signals on the future pace and size of rate cuts.