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'Not cutting rates no matter what the president says.' Fed signals it is unmoved by Trump's pressure
President Trump has pressed the Federal Reserve for weeks over its refusal to lower interest rates. But Chair Jerome Powell is making it clear that politics will not move the central bank toward cutting rates before the economic conditions are right.
Officials at the Federal Reserve have adopted a wait-and-see approach to policy moves amid extreme uncertainty about the ...
Chicago Federal Reserve Bank President Austan Goolsbee on Thursday said he believes that if big tariffs could be avoided, ...
Mr Trump has repeatedly berated Mr Powell for not cutting rates, as the president desires. Read more at straitstimes.com.
13hon MSN
If inflation trends down, as it was before the April 2 tariffs, and the economy remains at full employment, then interest ...
Home equity loan and HELOC interest rates have both declined in 2025, but will they continue that trend this June?
Officials also expressed their worry about an economic slowdown and difficult trade-offs they may have to consider.
Federal Reserve officials agreed earlier this month to hold off on any interest-rate moves while they evaluated the impact of ...
Decisions made at the Federal Reserve's new meeting and other factors could influence CD interest rates this June.
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