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The Federal Reserve held interest rates steady Wednesday between 4.25% and 4.5% – exactly as interest-rate traders' bets had predicted after the policy-making body's meeting in early May.
The Federal Reserve is expected to stand pat on interest rates again amid tariff-related uncertainty despite President Trump's badgering to cut rates ...
Why is the US dollar going down? Despite the Fed’s relatively high interest rates, the dollar has weakened against the euro and other currencies this year. That’s because investors have fled U ...
The next Fed meeting to discuss interest rates isn't until May. Trump looks forward to Powell's "termination" after Fed chairman warns of inflation as price changes occur due to tariffs.
The benchmark interest rate has been at its current range since December. The Fed has held off on cutting rates since President Trump took office, citing uncertainty around the potential impact of ...
The Federal Reserve held interest rates steady Wednesday. Members of the central bank's rate-setting committee also telegraphed their plans for possible rate cuts later this year.
President Trump on Monday shared a handwritten note to Federal Reserve Chairman Jerome Powell urging him to lower interest rates, his latest attempt to push the central bank to do so.
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