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Solid Jobs Report Reinforces Fed’s Patient Approach to Interest Rate Cuts
The central bank is bracing for President Trump’s tariffs to dent growth while stoking inflation, keeping interest rate cuts ...
Fed holds interest rates steady, but tariffs remain a ‘notable headwind to economic growth,' analyst says
The rate has stayed above 4% for more than two years as the Fed has aimed to lower inflation by keeping borrowing costs high.
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 ...
Fed's Powell Highlights 'Unusual Swing’ in GDP, But It Isn't Enough to Shift Policy
Fed Chair Jerome Powell acknowledged that the contraction in the U.S. economy in the first quarter was notable, but ...
NBC New York5d
Fed holds interest rates steady, but tariffs remain a ‘notable headwind to economic growth,' analyst says
The Federal Reserve held borrowing costs steady on Wednesday, opting not to cut its benchmark interest rate — known ... estimates published in April. The analysis is based on tariff policies ...