Borrowers hoping for more financial relief from the Federal Reserve may have a wait on their hands, as the central bank is hit the pause button on additional rate cuts at its Jan. 29 meeting.
President Trump had a message last week for the Federal Reserve while at the annual World Economic Forum gathering in Davos, Switzerland: He plans to "demand that interest rates drop immediately." ...
Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s ...
Amid pressure from President Donald Trump to keep lowering interest rates, the Federal Reserve held steady.
The Federal Reserve is meeting this week and will make an announcement about any new rate cut on Wednesday afternoon.
The Federal Reserve defied Donald Trump’s demands for lower borrowing costs by keeping US interest rates on hold and suggesting they will remain higher for longer.
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