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The Federal Reserve left its key short-term interest rate unchanged for the fifth time this year, brushing off repeated calls ...
President Trump wants the Fed to slash borrowing costs, but the central bank is unlikely to take such aggressive steps even ...
The chair acknowledged that if the Fed cut its rate too soon, inflation could move higher, and if it cut too late, then the ...
The central bank has defied Trump’s public criticism for months. The Fed has held interest rates steady for seven consecutive ...
President Donald Trump celebrated 3% GDP growth in Q2 and demanded the Fed rate cuts as the central bank is set to reveal its ...
Chair Jerome Powell has said the Federal Reserve would likely have cut rates already if not for Trump’s sweeping tariffs.
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 ...
The Federal Reserve left its key interest rate unchanged at 4.25% to 4.5% and offered no clues on whether it will resume its ...
The Federal Reserve said Wednesday it was leaving its interest rate unchanged, a widely expected move that comes despite ...
Fed governors Michelle Bowman and Christopher Waller, who have signaled support for easing interest rates in recent weeks, ...
This was the fifth consecutive meeting at which the Federal Open Markets Committee (FOMC) kept its benchmark Federal Funds rate unchanged at 4.25-4.5%.