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Chair Jerome Powell has said the Federal Reserve would likely have cut rates already if not for Trump’s sweeping tariffs.
Fed Chair Jerome Powell said the economy is solid — and that it's also too early to tell how tariffs will affect it.
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%.
President Trump has pressured Fed Chair Jerome Powell to lower interest rates. Here's what the experts think will happen at ...
The central bank has defied Trump’s public criticism for months. The Fed has held interest rates steady for seven consecutive ...
President Trump wants the Fed to slash borrowing costs, but the central bank is unlikely to take such aggressive steps even ...
The Federal Reserve left its key short-term interest rate unchanged for the fifth time this year, brushing off repeated calls ...
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 rate cuts in September.
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 Fed's rate-setting committee is scheduled to meet later this week as Trump continues to push for looser monetary policy.
Interest rates for credit cards to mortgages have jumped since the Fed began fighting inflation in 2022. Here's where experts ...
US President Donald Trump’s surprise tariff announcement is set to weigh on the Reserve Bank of India’s monetary policy ...