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The choice to hold off on a rate cut will almost certainly result in further conflict between the Fed and White House.
The central bank has defied Trump’s public criticism for months. The Fed has held interest rates steady for seven consecutive ...
The central bank has said Trump’s tariffs are making it difficult for it to lower rates, something that would otherwise be ...
Trump has floated the idea of firing Fed Chair Jerome Powell, although the president on July 24 backed off his threats following a visit to the Fed’s headquarters.   Trump’s ire stems from ...
The Fed's rate-setting committee is scheduled to meet later this week as Trump continues to push for looser monetary policy.
President Donald Trump celebrated 3% GDP growth in Q2 and demanded the Fed rate cuts as the central bank is set to reveal its interest rate decision amid concerns over tariffs and inflation.
In Powell's view, the Fed is further from its goal on inflation than that of the job market, which means the Fed must keep ...
President Trump has pressured Fed Chair Jerome Powell to lower interest rates. Here's what the experts think will happen at ...
Fed governors Michelle Bowman and Christopher Waller, who have signaled support for easing interest rates in recent weeks, ...
NEW YORK (AP) — U.S. stock indexes are drifting on Wednesday after the Federal Reserve decided to keep interest rates where ...