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The Fed snubbed the president’s plea to cut interest rates and instead held them steady.
Federal Reserve Chairman Jerome Powell has warned that tariffs are already driving up prices in a sharp rebuke to Donald Trump. The president insists that his policies have curbed inflation, and he has repeatedly urged the Fed Chair to lower interest rates.
WASHINGTON (TNND) — The Federal Reserve refused to move on interest rates again, much to President Donald Trump's dismay.
Rather than multiple rate cuts in 2025, Fed officials may not cut at all. The futures market odds of a 25-basis-point cut at ...
The Federal Reserve's decision to avoid signaling imminent rate cuts despite relentless political pressure underscores its ...
The US economy has been resilient six months into President Donald Trump’s tariff regime with low unemployment, a return to ...
The US unemployment rate is projected to hover near historically low levels at 4.24% this year, according to S&P Global ...
Poland’s inflation rate returned to the central bank’s target for the first time in over a year, fueling discussion about ...
As was widely expected, Fed policymakers on Wednesday left the central bank's overnight rate unchanged at a range of 4.25% to ...
Since unemployment was higher than expected and is potentially nearing a cycle high, the CME FedWatch tool reported that bets ...
Despite four BOE rate cuts since July 2024, UK households are £11B worse off as savings fall and mortgage relief lags.
Amidst global economic challenges, the South African Reserve Bank has lowered its benchmark lending rate and adjusted its ...
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