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The Federal Reserve is expected to leave interest rates unchanged due to uncertainty surrounding President Trump's tariffs.
The dollar dropped to a three-year low, with the fall pinned on bets that interest rates could decline sooner than previously expected, as well as on worries about an erosion of the U.S. central ...
When asked if the Fed would have cut interest rates by now, had the tariffs not been implemented, Powell said, “I think that’s right.” Trump has lashed out at Powell for refusing to cut ...
President Trump called for the Fed to lower interest rates, citing low inflation. The Truth Social posts came after the Bureau of Labor Statistics released its June inflation data.