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Steady job growth and slightly elevated inflation rates indicate that the Fed will avoid rate cuts for now despite Trump’s demands.
President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt.
The president has repeatedly criticised Jerome Powell for not cutting rates but has sent mixed signals about removing him ...
After the widespread uncertainty caused by the tariff policy, Powell said the Fed decided the "prudent thing to do is to wait ...
Federal Reserve Chair Jerome Powell on Tuesday stuck to his position that the central bank will keep its key rate on hold while it waits to see how President Donald Trump's tariffs effect the economy, ...
A pair of key reports — the monthly jobs report and another on consumer prices — will be critical in determining the central ...