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Fed hold rates steady
Fed likely to hold rates steady despite Trump call for cuts as it awaits tariff, immigration changes
Outside of a U.S. President bending norms, the Fed also faces challenges in achieving its economic objectives. Inflation remains above its 2% target: Its preferred measure is at 2.4%, though core prices — considered a better gauge of where inflation is headed — rose 2.8% in November from a year ago.
Fed Holds Interest Rates: What Small Businesses Can Expect In The 1st Quarter Of 2025
Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth Social platform, Trump went on the attack: Because Jay Powell and the Fed failed to stop the problem they created with Inflation,
Fed holds interest rates steady, defying pressure from Trump
The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump called on the central bank to lower them. The announcement put the central bank on a potential collision course with Trump, though a longstanding norm of independence typically insulates the Fed from direct political interference.
1d
Three Reasons Why The Fed Should Get Rid Of The Dot Plot
While it was created with good intentions 13 years ago, the Federal Open Market Committee’s dot plot does not serve its ...
3h
on MSN
U.S. inflation ticked higher last month, in latest sign of persistent price pressures
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
American Banker
7h
Who will Trump pick to run his banking agenda at the Fed?
Federal Reserve Gov. Michelle Bowman is widely seen as the president's most likely choice for vice chair for supervision, a ...
1d
on MSN
Trump Lashes Out at a Favorite Nemesis: The Federal Reserve
A desire for low rates confronts a very different economic backdrop—with higher price pressures—from his first term.
13d
Federal Reserve says it will leave climate change organization
The Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how the ...
4h
Inflation rose to 2.6% in Fed’s preferred gauge in December
Inflation rose two-tenths of a percentage point to 2.6% for the year ending in December, the Bureau of Labor Statistics reported Friday in an update to the personal consumption expenditures index, the ...
1d
Watch Fed Chief Jerome Powell explain why the central bank paused rate cuts this month
Central bank policymakers are widely expected to stand pat on interest rates. Investors await further details from Fed Chair ...
2d
on MSN
The Federal Reserve is starting something new: Pausing
The Fed is expected to leave borrowing rates unchanged at the conclusion of its latest two-day policy meeting on Wednesday.
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