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.
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.
Idaho County Free Press
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.
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…
MyClallamCounty.com
Trump criticizes Federal Reserve, calls for lower interest rates
Federal Reserve Chairman Jerome Powell/Kevin Dietsch/Getty Images (WASHINGTON) — President Donald Trump late Wednesday criticized the Federal Reserve, urging the central bank to reduce interest rates, hours after it chose to leave borrowing rates unchanged. The move marked the latest example of Trump exerting pressure on the Federal Reserve, despite a longstanding norm of political independence at the central bank. Trump said lower rates would b…
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