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Fed officials opted Wednesday to hold interest rates steady as President Donald Trump’s tariffs unsettle the US economy.
President Donald Trump has demanded that Fed chair Jerome Powell cut rates to spur growth, but the Fed has taken a wait-and-see approach, holding off on cuts so far in 2025. Inter ...
The Federal Reserve held interest rates steady on Wednesday, just weeks after President Donald Trump intensified calls for lower borrowing costs and voiced eagerness about the potential "termination" ...
The Federal Reserve is again leaving its benchmark interest rate at 4.25% to 4.5%, citing rising economic uncertainty.
The post Fed Holds Interest Rates Steady in Defiance of Trump's Call for a Cut—What It Means for Mortgage Rates appeared ...
If both risks were to materialize, and inflation were to rise at the same time unemployment goes up, that would make it ...
What the Fed rate announcement means for homebuyers, borrowers and savers.
The Federal Reserve held interest rates steady at 4.25% to 4.50% for the third time this year.
The Federal Reserve on Wednesday held its key interest rate unchanged as it awaits fluctuations in trade policy and the direction of a sputtering economy. In a move that carried little suspense given ...
Amid heightened uncertainty stemming from the trade war, the Federal Reserve is widely expected to hold its benchmark short-term borrowing rate steady at its meeting this week. From credit cards and ...
Inflation is still running above the Fed’s 2% target, the labor market is showing resilience and there’s uncertainty over tariff policies.
Investors had widely expected the Fed to hold rates steady. Fed Chair Powell in remarks said the central bank does not need to be in a hurry to adjust its monetary policy. “We think right now ...