The Guardian Australia
·general
·1 hour ago
Fed leaves interest rates unchanged in defiance of Trump’s calls for cuts
The Federal Reserve held interest rates steady on Wednesday, dismissing Donald Trump's repeated calls for cuts. Fed officials cited elevated inflation at 3.3 percent, slow job gains, and Middle East uncertainty as reasons for maintaining rates at 3.5 to 3.75 percent.
Summary by Glance · The Guardian Australia
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