In the US, no key rate reduction is expected

The data on US gross domestic product this week showed that US President Donald Trump's aggressive customs policy leaves traces in the US economy. GDP growth was negative for the first time since the first quarter of 2022 and indicates a recession or stagflation. However, despite the recent weakness, economists do not expect the Fed to lower interest rates [...] The post Fed: No reduction in interest rates despite risks, say economists first on …

Following US President Donald Trump's verbal attacks on head of the central bank Jerome Powell, the financial markets are eagerly looking at the upcoming interest rate decision. Even if Powell is pushed to a reduction by the White House, many experts believe that he will remain steadfast on Wednesday, leaving the key interest rate in the range of 4.25 to 4.50 percent. [...]