Federal Reserve officials expect to cut interest rates just twice this year, down from earlier projections, as policymakers confront persistent...
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Federal Reserve officials expect to cut interest rates just twice this year, down from earlier projections, as policymakers confront persistent inflation and uncertainty over the Trump administration’s trade policies. The central bank held its benchmark rate at 4.25% to 4.5% following its June meeting, with Chair Jerome Powell defending the cautious approach during congressional testimony […] The post Powell Resists Trump Pressure for Aggressive Rate Cuts appeared first on the deep dive.
Federal Reserve officials expect to cut interest rates just twice this year, down from earlier projections, as policymakers confront persistent...
Federal Reserve Chair Jerome Powell indicated the central bank's intent to hold steady on interest rates, prioritizing further economic data analysis...
Jerome Powell highlights the importance of the Federal Reserve's independence. This comes as Donald Trump pushes for interest rate cuts. Powell says...
Jerome Powell highlights the importance of the Federal Reserve's independence. This comes as Donald Trump pushes for interest rate cuts. Powell says...
Fed Chair Jerome Powell says rate cut is on hold even as Trump demands cuts
President Donald Trump lashed out at Federal Reserve Chair Jerome Powell on Friday during a news conference, calling him "stupid" and a "stubborn...
President Donald Trump lashed out at Federal Reserve Chair Jerome Powell on Friday during a news conference, calling him "stupid" and a "stubborn...
Fed Chair Jerome H. Powell said Tuesday the magnitude of President Trump's April 2 "Liberation Day" tariffs forced the central bank to take its time...
WASHINGTON (AP) — The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest rate,...
WASHINGTON (AP) — The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest rate,...