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The Federal Reserve kept its interest rate policy unchanged for the fifth consecutive meeting, resisting political pressure and signaling continued caution in the face of economic uncertainty. Despite calls for cuts from former President Donald Trump and others, the central bank opted to maintain the benchmark federal funds rate at 4.25% to 4.5%. No Change, …
Continue reading “Fed Holds Rates Steady Amid Pressure and Uncertainty”
The Federal Reserve has decided to keep interest rates unchanged at 4.25%-4.50%, signaling that it is in no hurry to cut rates despite economic uncertainty. Chairman Jerome Powell emphasized the need for clarity on inflation and labor market trends before making any policy adjustments. Economic Strength and Inflation Concerns Powell noted that the economy remains …
Continue reading “Fed Holds Rates Steady, Signals No Rush for Cuts”
