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Fed Likely to Hold Rates Steady Despite Trump Call for Cuts
Fed pauses interest rate cuts. What happens next may depend on Trump
After three successive interest rate cuts, the Federal Reserve on Wednesday made no change in its benchmark lending rate amid new economic uncertainties over the outlook for inflation and President Trump's continued threats of new tariffs and other measures.
The Federal Reserve holds interest rates steady: Here's what that means for your money
The Federal paused rate cuts after its first meeting of the year — here’s what that means for your credit card, mortgage rate, auto loan and savings account.
Federal Reserve holds interest rates steady as inflation remains above 2%
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's inauguration.
federal reserve, Inflation
The Fed’s Preferred Inflation Measure Ticked Up Slightly in December
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
Key Fed Indicator Shows Inflation Rose in December
An inflation metric favored by the Federal Reserve rose in December, showing that prices continue to rise at a pace greater than the central bank wants while leaving consumers paying more for everyday items.
PCE Report Shows Fed's Favorite Inflation Measure Accelerated In December
Key Takeaways Inflation, as measured by Personal Consumption Expenditures, rose 2.6% over the year in December, up from 2.4% in November and in line with forecasts.As the Federal Reserve's goal of a 2% annual rate fades into the distance,
Politifact
34m
Does California give more than it gets on federal disaster aid? Fact-checking Sen. Adam Schiff
California paid $83.1 billion more in federal taxes than it received from the federal government — more than any other state — in 2022. When the state’s population is considered, California paid ...
2d
on MSN
California joins coalition in suing Trump over federal aid freeze
Hours before a Trump administration directive was set to freeze an estimated trillions in federal assistance, California ...
18h
on MSN
How many federal employees are in California? Why Trump administration is offering buyouts
California has thousands of federal workers who are eligible to work remotely, yet in-person work is key to a "reformed ...
American Banker
1d
News and analysis on the Fed rate decision
The Federal Reserve's monetary policy group is expected to hold rates steady, but the chairman will face a litany of ...
1d
on MSN
The Federal Reserve should resist pressure from Trump and defend its independence, experts say
President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.
1h
Fed's Bowman Skeptical That Central Bank Still Very Restrictive
Federal Reserve governor Michelle Bowman said Friday that she would prefer only gradual future easing of the central bank's interest-rate policy.
1h
The Fed Is Sitting on the Sidelines, but for How Long?
The relative calm in the markets may not survive upheaval in the A.I. sector and a deluge of disruptive Trump policies, our ...
2h
Bowman: Inflation Risks to the Upside, Further Rate Cuts Should Be Gradual, Cautious
WASHINGTON (Reuters) - Federal Reserve governor Michelle Bowman said she still expects declining inflation to allow further ...
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