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Despite pressure from President Donald Trump to slash interest rates, the Federal Reserve was expected to stick to its wait-and-see approach.
The U.S. central bank is widely expected to stick to a wait-and-see approach as officials brace for President Trump’s tariffs to stoke higher inflation and slower growth.
The Federal Reserve announced it is keeping interest rates where they are in a nod to continued economic uncertainty brought ...
Federal Reserve Chair Jerome Powell addresses the Economic Club of Chicago at a luncheon at the Hilton last month in Chicago.
Powell is not going to do anything,” Siegel said in an interview. “Trump, I think, is going to step up the escalation,” he ...
Federal Reserve Chair Jerome Powell will reveal the central bank's interest rate decision at the conclusion of a critical two ...
What the president wanted — and Powell wouldn't give him — was a sharp cut in the Fed's key interest rate, the Federal Funds ...
During Wednesday's press briefing, Federal Reserve Chair Jerome Powell discussed the decision to keep interest rates steady.