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US President Donald Trump is pushing hard for rate cuts to fuel the economy, but the Fed is prioritising inflation control ...
Fed officials stopped cutting interest rates in December, and they now stand in a range of 4.25% to 4.5%. That is a level Fed officials describe as "modestly restrictive," slowing down demand so that ...
President Donald Trump renewed his calls on the Federal Reserve to lower its benchmark interest rate Friday, and this time, he had a specific (and huge) number in mind.