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Fed Cuts Interest Rates Again, Powell Says He Won’t Resign if Trump Asks
The Federal Reserve lowered rates again but economists worry that Donald Trump’s victory could reignite inflation in 2025.
Why Trump’s return could spark another bout of inflation and delay interest rate cuts
The stronger dollar reflects expectations that Trump will cut taxes,
hike
tariffs and clamp down on immigration, which are all inflationary and likely to mean more elevated
interest
rates
in the years to come, she wrote in a note Wednesday. “Investors ...
Federal Reserve seen on shallower rate-cut path after Trump's election
Donald Trump's election as U.S. president may mean the Federal Reserve will not cut interest rates as far or as fast as previously expected, on anticipation that a slew of new policies once he takes office will stall inflation's downward progress.
Fed cuts interest rates again as inflation concerns persist
On Thursday, the Fed decided to cut interest rates in the US by 25 basis points, aligning with analysts' expectations. This follows the Federal Reserve's September decision to reduce rates by half a percentage point.
3d
Get ready for inflation and interest rates to rise again
Many economists say these tariffs, as well as some of his other proposals, could kick-start another bout of inflation and ...
2d
Powell Won’t Rule Out an Interest-Rate Increase for Next Year
Federal Reserve Chair Jerome Powell said Thursday it is too soon to be certain that the bank won’t need to raise interest ...
CNBC
1d
The Fed increased interest rates again — here's why you should save more and pay off debt in response
In December 2022, the Federal Reserve announced the seventh consecutive
increase
to the federal funds
rate
and indicated it intented to continue raising
interest
rates
going forward. The Fed ...
2d
on MSN
Why have interest rates been cut, and what does it mean?
Why have interest rates been cut, and what does it mean? - The PA news agency looks at the outcome of the Bank of England’s ...
CNET on MSN
2d
Why You Should Care About the Fed's Interest Rate Decision Today
When inflation is high and the economy is in overdrive, the Fed tries to pump the brakes by discouraging borrowing. It does ...
4d
Brazil Set to Double Pace of Interest Rate Hikes Amid Fiscal Woes
Brazil’s central bank is widely expected to increase its key interest rate by half a percentage point on Wednesday, twice as ...
10d
BOJ keeps policy steady, leaves door open for near-term rate hike
The Bank of Japan maintained ultra-low interest rates on Thursday but said risks around the U.S. economy were somewhat ...
2d
Bank of England cuts interest rates to 4.75%, in second reduction this year
Chancellor Rachel Reeves welcomes the cut, but says she is "under no illusion about the scale of the challenge facing ...
2d
Bank of England Cuts Interest Rates, but Signals Stickier Inflation
The central bank said future cuts would be gradual amid higher inflation forecasts after the new government introduced ...
2d
Interest rates live updates: Bank of England base rate cut to help slash mortgage bills
Following the Bank of England’s decision to cut the base rate, chancellor Rachel Reeves, said: “Today’s interest rate cut ...
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