Federal Reserve expected to hold interest rates steady
- The Federal Reserve is expected to hold interest rates steady during its Federal Open Market Committee meeting today, as reported by the Federal Reserve.
- The Fed implemented three consecutive interest rate cuts in 2024, reducing rates by a full percentage point, according to the text.
- Inflation remains above the Fed's 2% target, with its preferred measure at 2.4%, as stated in the report.
- Trump has voiced his expectations for further reductions, stating he would lower energy prices and demand decreased borrowing costs from the Fed, according to the text.
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Coverage Details
Total News Sources0
Leaning Left8Leaning Right11Center9Last UpdatedBias Distribution39% Right
Bias Distribution
- 39% of the sources lean Right
39% Right
L 29%
C 32%
R 39%
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