Fed hold rates steady, sees inflation as 'elevated,' as Powell declines comment on Trump
The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to gauge where inflation is headed and what policies President Donald Trump may pursue.
Federal Reserve holds interest rates steady as inflation remains above 2%
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's inauguration.
Fed hold rates steady, says job market is 'solid' while inflation 'remains somewhat elevated'
Fed Chair Jerome Powell has said it is harder to gauge where inflation is headed, in part because of increased uncertainty around what policies Trump will adopt.
The Federal Reserve holds interest rates steady
The Federal Reserve left interest rates unchanged on Wednesday, amid a cloudy economic outlook, partly because some of President Trump’s policies could stymie the fight against inflation. Wednesday’s pause comes after the central bank cut interest rates by a full percentage point between September and December of last year.
US. Fed holds interest rates steady amid Trump’s criticism
The Federal Reserve has kept interest rates on hold in its first decision of the year, despite sharp criticism from President Trump. Plus, the US tech sector continues to feel the impact of a new budget-friendly Chinese AI app.
Federal Reserve keeps interest rates unchanged, defies Trump
The Federal Reserve on Wednesday kept interest rates unchanged, bypassing a trend of dropping cuts and bucking President Donald Trump's wishes amid uncertain economic times,
Monetary policy is a sideshow now
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Apple Lifts US Stock Index Futures as Crucial Inflation Test Looms
(Reuters) - U.S. stock index futures rose on Friday, driven by gains in Apple following a strong sales growth forecast, as investors focused on key inflation data expected later in the day that could ...
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How much do you need to earn to live in Pennsylvania? Here’s the living wage in 2025
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ECB delivers quarter-point cut and little change in tone
ECB cuts the deposit rate by a quarter point to 2.75 per cent as expected and offers little shift in tone from December as it continues to move policy away from restrictive territory ...
High Inflation Sows Debate About New Fed Playbook for Tariffs
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect for interest rates this year.