US Fed prepares to pause this week in first rate decision since Trump’s inauguration
- The Federal Reserve is expected to keep its key interest rate unchanged at its upcoming policy meeting, following President Donald Trump's comments on lowering rates.
- Fed officials, led by Chair Jerome Powell, have cut the rate to about 4.3% from a high of 5.3% over the past three meetings.
- The jobless rate decreased to 4.1% last month, while annual inflation was reported at 2.4% in November, just above the Fed's target.
- Economists forecast that tariffs could raise inflation slightly, which may affect the Fed's decision on rate cuts this year.
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Coverage Details
Total News Sources0
Leaning Left15Leaning Right12Center56Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
68% Center
L 18%
C 68%
14%
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