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Fed Keeps Rates Steady and Flags Heightened Uncertainty About the Economy
The Federal Reserve stuck to a wait-and-see approach as officials brace for President Trump’s tariffs to stoke higher inflation and slower growth. Jerome H. Powell, the Fed chair, said that it’s “not ... Read More
Economic Concerns Are Mounting, but the Fed Isn’t Cutting Rates Proactively
The U.S. central bank is set to reinforce its wait-and-see approach at its meeting this week as President Trump’s tariffs begin to bite. Read More
Fed Sees Rising Risks to Economy as It Leaves Rates Unchanged
Either choice is risky until President Donald Trump's policies become more clear, which makes it likely that the policy-setting Federal Open Market Committee will leave rates unchanged when it ... Read More
Wobbling economy will push the Fed to cut interest rates later this year, CNBC survey finds
A 63% majority of respondents to the CNBC Fed Survey believe across-the-board 10% tariffs will likely remain on all U.S. imports after the completion of new trade deals. Strong majorities see tariffs ... Read More
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