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Nothing tariffs are starting to push up prices, Powell said the Fed is already “looking through” goods inflation by not raising rates. That “could be pushback to those who might want lower rates now," ...
The Federal Reserve left its key interest rate unchanged at 4.25% to 4.5% and offered no clues on whether it will resume its rate cuts in September.
Investors trimmed their expectations that the Fed will cut rates in September after Powell struck a cautious tone in remarks ...
In a challenge to the Fed's independence, Trump has spent months pressuring the central bank to lower rates. In July, he ...