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The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.
Fed Chair Jerome Powell says, “We do not need to be in a hurry to adjust our policy stance.” ...
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The first central bank meetings of 2025 suggest it will be a year in which policymakers go their own way as economic paths diverge, as the United States holds interest rates steady, the euro zone cuts ...
President Donald Trump criticized the Federal Reserve’s handling of inflation and banking regulation on Wednesday, following the central bank’s decision to hold interest rates steady at 4.25%-4.5%.
The Federal Reserve hit the pause button on interest-rate cuts Wednesday, entering a wait-and-see phase as it tries to determine whether it should cut further, and by how much. With that i ...
New York leads the list, with London in second place and Hong Kong in third in the Global Financial Centres Index.