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Tag: Fed Reserve likely to keep interest rates steady

Federal Reserve expected to stand pat on rates even as Donald Trump demands cuts

Posted on January 27, 2025 By admin
Federal Reserve expected to stand pat on rates even as Donald Trump demands cuts

The Federal Reserve is nearly certain to keep its key interest rate unchanged at its policy meeting this week, just a few days after President Donald Trump said he would soon demand lower rates. Fed officials, led by Chair Jerome Powell, have cut their rate for three meetings in a row, to about 4.3%, from…

Read More “Federal Reserve expected to stand pat on rates even as Donald Trump demands cuts” »

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