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The central bank is bracing for President Trump’s tariffs to dent growth while stoking inflation, keeping interest rate cuts ...
The Federal Reserve is again leaving its benchmark interest rate at 4.25% to 4.5%, citing rising economic uncertainty.
Despite the heightened risks for the economy, Powell said the Fed’s current interest rate policy is ... who has repeatedly called upon Powell to cut rates to head off any downturn.
Prolonged uncertainty over the trade war could hurt economic growth and lead to job losses - conditions that might normally prompt the Fed to cut interest rates. But the same trade tensions ...
Wednesday's Fed meeting may be the last where the outcome is so cut and dry with Trump's tariffs casting a shadow of ...
The Federal Reserve is set to extend its pause on interest rate cuts on Wednesday amid concerns that President Donald Trump’s tariffs will unleash fresh inflationary pressures while also hurting ...
The Federal Reserve on Wednesday remained in a holding pattern on interest rates, while warning about more uncertainty in the ...
U.S. stocks ended a choppy day higher after the Federal Reserve left its main interest rate alone, as was widely expected, ...