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Fed holds interest rates steady, defying Trump
The Fed also forecasted two quarter-point interest-rate cuts over the remainder of 2025, carrying over a prediction issued in March. Two additional quarter-point cuts will be made in 2026, as well as one quarter-point cut in 2027, the central bank said.
Fed’s Hammack comments suggest that no Fed rate cut will happen in July as inflation remains high. Odds drop below 5%.
Gold held steady after the latest Federal Reserve minutes showed officials are divided over the outlook for interest rates.
Today’s mortgage rates: 30-year fixed at 6.625%, 15-year at 5.75%. Explore trends and what buyers should know now.
The GBP/USD pair enters a bearish consolidation phase during the Asian session and oscillates in a narrow band around the 1.3500 psychological mark, just a few pips above a three-week low touched on ...
President Trump has repeatedly demanded Jerome Powell’s resignation, criticizing him as 'numbskull' for not cutting interest ...
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Trump demands the Fed reduce interest rates by “at least 3 points”Trump demands that the Fed reduce rates by at least 3 points to save the US $360 billion a point. The Polymarket bets 95% ...
The AUD/NZD pair jumps to near 1.0860 during the Asian session on Tuesday. The pair attracts significant bids as the Reserve ...
The Bank of Korea held its base rate steady Wednesday, aiming to rein in a resurgent property market and mounting household ...
The newly published meeting minutes highlighted a divide over how Federal Reserve officials expect the economy to respond to ...
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