Fed Keeps Rates on Hold, Much to Trump's Disgust

Fed keeps rates on hold, much to Trump's disgust

The U.S. Federal Reserve left interest rates unchanged on Wednesday, sparking fresh accusations from U.S. President Donald Trump that central bank Chair Jerome Powell is moving too slowly on cutting rates.

Fed keeps rates on hold prompting further Trump attacks

While the word was not mentioned, stagflation—the combination of rising prices and a slowing economy—is of increasing concern.

Week 25 Wrap: Fed & BoE pause rates ahead of RBA; Santos-ADNOC, Oz tax reforms

Welcome to the end of another week. Let’s forget commodities, stocks, and war for a moment, and look at inflation trajectories. Next month, the RBA will make a fresh interest rate decision, and if the US Fed and Bank of England (BoE) are anything to go by, it’s looking like we too might keep rates on hold. That’s because the whole world is still waiting to see what Trump’s tariff regime means for US inflation. There’s also a new upside risk to U…

Fed, Powell's cold shower: Fixed rates and total clash with Trump. Now the shadow of stagflation - Economic Scenarios

The Federal Reserve, in a move that chills market hopes and unleashes the ire of the White House, left interest rates unchanged. Jerome Powell, chairman of the Fed, stands as the last true opponent of Donald Trump, charting a path of rigor and caution as the threatening shadow of stagflation looms over the American economy. A day of very high tension that saw the markets go from euphoria to disappointment in the space of an hour. Wednesday, June…

Stagflation warning as Fed resists Trump's pressure and holds interest rates

Proper news from Britain - News from Britain you won’t find anywhere else. Not the tosh the big media force-feed you every day!