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Jerome Powell said the Federal Reserve can wait to see which effect from Trump's tariffs is worse - high inflation or a weak ...
Fed officials opted Wednesday to hold interest rates steady as President Donald Trump’s tariffs unsettle the US economy.
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" ...
Normally, the Fed raises rates or keeps them higher for longer to cool a hot economy and bring down inflation. It cuts rates to juice feeble growth or dig the nation out of a slump. The Fed ...
The Federal Reserve warned that tariffs were raising risks of higher unemployment and higher inflation when officials ...
Typically, when inflation rises, the Fed raises rates to slow borrowing and spending ... be able to appoint a new chair then. Yet if the economy stumbles in the coming months, Trump could renew ...
The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump's demands to lower ...
Trump has repeatedly urged Powell to cut the short-term interest rate that the central bank controls. The Fed typically reduces its rate during an economic downturn to encourage more borrowing and ...