Federal Reserve holds interest rates steady, still sees two cuts coming this year
- The Federal Reserve held interest rates steady at 4.25% to 4.5%, according to the rate-setting committee's decision.
- Fed members expect to cut borrowing costs by about half a percent later this year if inflation eases, based on updated forecasts.
- Fed Chair Jerome Powell stated that uncertainty around trade policy emphasizes the need to assess the economic outlook before making decisions.
- President Trump threatened to impose a 200% tariff on European wine and spirits, escalating trade tensions further.
431 Articles
431 Articles

Trump calls for lower interest rates ahead of reciprocal tariffs
(The Center Square) – President Donald Trump called on the Federal Reserve to lower rates ahead of his plan to put reciprocal tariffs on all countries that put tariffs on U.S. goods starting April 2.

Trump presses Federal Reserve to cut rates
(The Hill) -- President Donald Trump again pressed the Federal Reserve to cut interbank lending rates as the administration's sweeping tariffs are set to resume next month. “The Fed would be MUCH better off CUTTING RATES as U.S. Tariffs start to transition (ease!) their way into the economy. Do the right thing,” Trump wrote Tuesday night in a post on Truth Social. “April 2nd is Liberation Day in America!!!” The central bank announced earlier We…
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