Federal Reserve holds interest rates as Trump piles on pressure
Fed voted to pause cuts to interest rate, which currently sits between 3.5% and 3.75%, after slashing it three times in fallThe US Federal Reserve left interest rates unchanged after its first rate-setting meeting of the year on Wednesday, resisting enormous pressure from the White House to lower rates.A majority of members in the Fed’s federal open market committee (FOMC) voted to pause interest rate cuts after slashing rates three times in the fall. Rates currently sit at a range of 3.5% to 3.75%. Continue reading...
Fed voted to pause cuts to interest rate, which currently sits between 3.5% and 3.75%, after slashing it three times in fall
The US Federal Reserve left interest rates unchanged after its first rate-setting meeting of the year on Wednesday, resisting enormous pressure from the White House to lower rates.
A majority of members in the Fed’s federal open market committee (FOMC) voted to pause interest rate cuts after slashing rates three times in the fall. Rates currently sit at a range of 3.5% to 3.75%. Continue reading...
What's Your Reaction?
