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Federal Reserve maintains rates and expects only two cuts this year despite pressure from Trump
Not two percentage points, as Donald Trump demanded; not one, not half a percentage point, not a quarter of a percentage point. As expected, the U.S. Federal Reserve decided Wednesday to maintain interest rates at 4.
The Fed, helmed by Chair Jerome Powell, is expected to hold rates steady this month despite pressure from President Donald ...
President Donald Trump slammed Chairman Jerome Powell as "stupid" before the central bank's interest rate announcement on ...
The central bank painted a still-murky policy picture Wednesday, with recent readings of inflation and jobs justifying a hold ...
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