Federal Reserve, Trump administration, Donald Trump, US unemployment and employment data, US economy, US news, US politics, Business, Jerome Powell Business | The Guardian
President has made clear he wants rates to fall as benchmark interest rate now sits at a range of 4.25% to 4.5%Federal Reserve officials decided on Wednesday to hold interest rates steady as uncertainty over Donald Trump’s impact on the US economy looms and inflation remains above the central bank’s target levels.This is the first time Fed policymakers have met since the president, who has made clear he wants rates to fall, returned to the White House. The benchmark interest rate now sits at a range of 4.25% to 4.5%. Continue reading…
President has made clear he wants rates to fall as benchmark interest rate now sits at a range of 4.25% to 4.5%
Federal Reserve officials decided on Wednesday to hold interest rates steady as uncertainty over Donald Trump’s impact on the US economy looms and inflation remains above the central bank’s target levels.
This is the first time Fed policymakers have met since the president, who has made clear he wants rates to fall, returned to the White House. The benchmark interest rate now sits at a range of 4.25% to 4.5%.