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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.
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How the Fed’s Dot Plot, Political Pressures, and Tariffs Shape Rate-Cut Expectations and Market ReactionsThe dots are not a great forecaster of future rate moves,” Federal Reserve Chairman Jerome Powell has warned, but every quarter the financial universe ponders the FOMC’s dot plot as though it were a ...
The Fed, helmed by Chair Jerome Powell, is expected to hold rates steady this month despite pressure from President Donald ...
From credit cards and mortgages to auto loans and savings accounts, all sorts of consumer borrowing costs may be impacted by ...
The central bank painted a still-murky policy picture Wednesday, with recent readings of inflation and jobs justifying a hold ...
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