US EditionFederal Reserve holds interest rates steady, still sees two cuts coming this year
- The Federal Reserve kept its benchmark interest rate at 4.25-4.50% for the second consecutive time, matching market expectations according to the CME FedWatch Tool, which had a 99% probability for this decision.
- Fed officials expect two rate cuts later this year despite uncertainties, as indicated by the Fed's post-meeting statement acknowledging heightened economic uncertainty.
- Economic forecasts were revised downward, predicting 1.7% GDP growth for 2025 and an increase in the unemployment rate to 4.4%.
- Tariffs introduced by the Trump administration may lower after-tax incomes by 1.7-2.2%, and previous tariffs cost American households $300-$600 annually.
429 Articles
429 Articles
Donald Trump demands low interest rates - and obedience from the currency keepers. But the US Federal Reserve is deaf. The US President doesn't like that at all. "Zoff is in demand for the coming months," predicts an expert.
The Center Square
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
New York.- After staying out of Federal Reserve affairs during his first two months in office, President Donald Trump is pushing the central bank to lower interest rates as support for its tariff plans, said CNBC. In a post published last night in Truth Social, Trump encouraged President Jerome Powell and his colleagues to relax monetary policy as the administration enters the next phase of its aggressive trade policy. "The Fed would be a lot be…
louisianafirstnews.com
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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