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Fed expected to hold interest rates steady, defying Trump
Despite pressure from the White House, Powell is widely expected to hold interest rates steady, according to the CME FedWatch Tool, a measure of market sentiment. The central bank's benchmark interest rate currently stands at an elevated level of between 4.25% and 4.5%.
Fact checked by Stella Osoba As President Donald Trump escalated attacks during his second administration on U.S. Federal ...
Stay updated on Wall Street insights! Discover Fed rate decisions, stock market trends, and global economic highlights.
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Buying momentum continued in Asia and European stock markets today, but all eyes are on Jerome Powell's upcoming commentary.
The post shows Trump continuing his efforts to influence the central bank’s decision-making process, challenging its ...
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