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Fed keeps interest rates steady amid concerns on tariffs’ economic risks. Central bank is waiting for clearer economic data amid uncertainty over Trump’s trade war and other policies.
Economic Concerns Are Mounting, but the Fed Isn’t Cutting Rates Proactively The U.S. central bank is set to reinforce its wait-and-see approach at its meeting this week as President Trump’s ...
The Fed’s benchmark short-term rate, which trickles through the financial system to influence what millions of consumers and businesses pay to borrow money, sits at 4.25 to 4.5 percent.
South Korea's central bank kept interest rates steady Thursday in a widely expected move, amid easing concerns over the economic outlook and rising household debt. Economy Trump to Impose 50% ...
Despite President Trump’s calls for lower interest rates, the Federal Reserve left its benchmark rate unchanged, warning of higher unemployment and higher inflation because of tariffs. Photo ...
Powell signaled central bankers are comfortable waiting on monetary policy, but it’s still highly likely the Fed will further lower rates this year, with traders pricing in 99.7% odds of a cut ...
But, said Powell, the Fed Chair Powell acknowledged on Tuesday that “if you look in the rearview mirror and look at existing data that we’ve seen, you can make a good argument that would call ...
In an updated forecast, Fed officials now expect inflation, as measured by the core personal-consumption expenditures (PCE) index, to jump to 3.1% by the end of the year, up from a rate of 2.5% in ...
Trump Rages at the Fed Over Interest Rates According to the president, the U.S. economy will begin to slow down unless the Fed “lowers interest rates, NOW.” Jared Dillian | 4.22.2025 3:35 PM ...
The Federal Reserve held interest rates steady yesterday as concerns loom over President Trump's new tariffs. And, a judge denied a request to block DOGE's takeover of the U.S. Institute of Peace.