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The U.S. central bank is widely expected to hold interest rates steady for a fifth-straight meeting despite badgering from President Trump to lower borrowing costs.
The central bank has said Trump’s tariffs are making it difficult for it to lower rates, something that would otherwise be ...
The Fed left its benchmark interest rate unchanged following its July policy meeting amid uncertainty over the impact of tariffs on inflation and economic conditions.
Here's how the Federal Reserve will impact mortgage rates, credit cards, car loans, and market stability.
Fed Chair Jerome Powell and other members of the Fed's policy committee have said they're concerned President Donald Trump's tariffs could push up prices and stoke inflation.
Federal Reserve policymakers didn’t rock the boat on Wednesday, opting yet again to keep interest rates steady as they wait ...