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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.
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HomeTown RegisterHomeTown Register
+6 Reposted by 6 other sources
Lean Right

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.

·Carmi, United States
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KMAland.comKMAland.com
+5 Reposted by 5 other sources
Center

Trump criticizes Federal Reserve, calls for lower interest rates

Federal Reserve Chairman Jerome Powell/Kevin Dietsch/Getty Images

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Forbes broke the news in United States on Wednesday, March 19, 2025.
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