Trump's message to Fed, Powell
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President Trump's wish for a rate cut may be looking more realistic as economic uncertainty clears—but it still won't be happening any time soon.
WASHINGTON – The Federal Reserve is still firmly in wait-and-see mode. The Fed left its key interest rate unchanged again Wednesday and gave no hint it plans to lower it soon as President Donald ...
As widely expected, the Federal Reserve left it's key interest rate unchanged Wednesday, staying firmly in "wait and see" mode.
Policymakers cited economic uncertainty from Trump’s trade war for keeping the Fed funds rate between 4.25% to 4.5% range, where it has been since December.
The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower borrowing costs, and said that the risks of higher unemployment and higher in
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Scripps News on MSNFederal Reserve’s upcoming decision on interest rates in spotlight as trade war continuesFederal Reserve Chair Jerome Powell will reveal the central bank's interest rate decision at the conclusion of a critical two-day meeting this week.
TAMER-THAN-EXPECTED inflation and a significant de-escalation of a US-China trade war are easing fears of a sharp squeeze on American households and businesses in coming months, prompting Wall Street firms to pare predictions of a recession and giving the Federal Reserve room to leave interest rates where they are.
After the Federal Reserve announced a continued pause in the federal funds rate on May 7, the Bureau of Labor Statistics is set to release its next inflation reading on May 13. That reading, for April,