Trump is getting the lower interest rates he demanded from everyone but the Fed
U.S. President Donald Trump is getting his wish that interest rates drop across the world, just not at home where a strong economy and uncertainty over his own policies have set the stage for the Federal Reserve to diverge from its central bank peers.
The Federal Reserve’s decision on Wednesday to keep its overnight bank lending rate where it is — following a full percentage ...
Argentina's central bank cut its benchmark interest rate by 300 basis points to settle at 29%, it announced in a statement on ...
Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth ...
Economic growth was healthy in 2024, coming in at 2.8% compared to 2.9% in 2023. The continuing expansion is driven by ...
Just remember that CD rates don't mirror the Fed precisely. So, if lenders assume that interest rate cuts will be issued this ...
Interest rate cuts are always good for most businesses, but we may not be getting the dramatic cuts that we were hoping for.
Generally, when inflation is high and the economy is in overdrive, the Fed tries to pump the brakes by setting higher ...
The European Central Bank cut interest rates as expected on Thursday and kept more easing on the table, sticking to its view ...
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