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Fed expected to hold interest rates steady, defying Trump
Despite pressure from the White House, Powell is widely expected to hold interest rates steady, according to the CME FedWatch Tool, a measure of market sentiment. The central bank's benchmark interest rate currently stands at an elevated level of between 4.25% and 4.5%.
The U.S. central bank is widely expected to stick to a wait-and-see approach as officials brace for President Trump’s tariffs ...
President Donald Trump’s sweeping economic agenda is putting the Federal Reserve in a difficult situation it hasn’t confronted in decades. The topic is front and center for central bank officials as ...
With so much in the economic news these days, the Federal Reserve's actions may not be at the top of your watch list. But ...
1hon MSN
The duties, Powell acknowledged, could both slow growth and lift prices, which puts the Fed in a tough spot. It would usually ...
Powell is not going to do anything,” Siegel said in an interview. “Trump, I think, is going to step up the escalation,” he ...
Investors kickoff the week awaiting more developments on President Trump’s trade deals and the decision on interest rates by ...
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