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A vacancy on the Fed is opening early as Trump urges board to ‘assume control’ if Powell doesn’t cut rates
President Trump erupted on social media after the Federal Reserve held interest rates steady this week. The president called on the board to “assume control” and lower interest rates on the same day a Biden-appointed Fed governor announced her resignation.
The Fed is maintaining its benchmark interest rate in the range of 4.25% to 4.5%, where it's been parked since December.
This was the fifth consecutive meeting at which the Federal Open Markets Committee (FOMC) kept its benchmark Federal Funds ...
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.
President Trump has pressured Fed Chair Jerome Powell to lower interest rates. Here's what the experts think will happen at ...
The Federal Reserve held interest rates steady on Wednesday in a split decision that gave little indication of when borrowing costs might be lowered and drew dissents from two of the U.S. central bank ...
Rather than multiple rate cuts in 2025, Fed officials may not cut at all. The futures market odds of a 25-basis-point cut at ...
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The Fed left its benchmark interest rate unchanged following its July policy meeting amid uncertainty over the impact of ...
The Federal Reserve kept short-term interest rates at a level of 4.25 percent to 4.5 percent on Wednesday, but the vote saw ...
Federal Reserve holds steady on interest level but vote saw a pair of dissenting votes for the first time in decades ...
Gold fell more than 1% on Wednesday as the Federal reserve held interest rates steady and gave little indication of when cuts ...
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Powell put a cat among the pigeons by suggesting he was minded to "look through" tariff-induced inflation by not increasing ...
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