Fed holds interest rates steady, defying pressure from Trump
The announcement put the central bank on a potential collision course with Trump, though a longstanding norm of independence typically insulates the Fed from direct political interference. The decision to maintain the current level of interest rates pauses a series of three consecutive interest rate cuts imposed by the Fed over the final months of 2024.
Stay informed on the latest tariff developments with the daily Wall Street Breakfast podcast available on Seeking Alpha, ...
President Donald Trump has been talking about tariffs for so long that it feels like we know exactly what’s coming. But we ...
Thursday's coverage included more tech earnings, focus on Trump's latest on potential tariffs and more analysis around Monday ...
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We don’t need the products that they have. We have all the oil that you need. We have all the trees you need,” he said.
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A trade war that stokes inflation would be much more complicated for the central bank now than it was during Trump’s first ...
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