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Despite President Trump ramping up pressure on Federal Reserve Chair Jerome Powell to cut interest rates, the Fed held rates ...
Treasury Secretary Scott Bessent on Wednesday urged central bankers to issue a half-point cut at next month’s meeting – breaking from his zipped-lip stance on the Fed’s monetary agenda. Bessent said ...
The Fed’s monetary policy committee kept its benchmark rate steady at between 4.25 percent and 4.5 percent, as analysts and ...
The central bank kept interest rates steady for a fifth straight meeting, despite badgering from President Trump. It has ...
The Federal Reserve held interest rates steady despite pressure from President Trump to lower them. Also, President Trump ...
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