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Key Takeaways The Federal Reserve has held its key interest rate steady this year due to uncertainty about the economic ...
President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt.
Steady job growth and slightly elevated inflation rates indicate that the Fed will avoid rate cuts for now despite Trump’s demands.
The central bank chief said he believes the Fed board would have decided to lower rates further until Trump launched his ...
President Trump detailed to Jerome Powell where he thinks interest rates should be set in a handwritten note escalating ...
U.S. Treasury Secretary Scott Bessent said on Tuesday he believes the Federal Reserve could lower interest rates by September ...
Federal Reserve Chair Jerome Powell said the central bank would have likely already moved to lower borrowing costs if it weren't for worries that tariffs would drive up inflation.
“The board just sits there and watches, so they are equally to blame,” Trump said. The attack on the board ratchets up ...
The debate over the Federal Reserve's reluctance to lower rates has intensified recently. Those hoping that the Fed would ...
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