Fed Holds Rates Steady Amid ‘Elevated’ Inflation and Trump Uncertainty
Trump and his GOP allies are readying an ambitious agenda that includes increased deportations of immigrants, higher tariffs on imported goods from Mexico, Canada and China, as well as extending some of the 2017 tax cuts that are set to expire at the end of the year.
Fed likely to hold rates steady despite Trump call for cuts as it awaits tariff, immigration changes
President Donald Trump may want lower interest rates, but the Federal Reserve will almost certainly keep its benchmark interest rate unchanged at its two-day policy meeting that ends Wednesday.
Fed pauses interest rate cuts as inflation, Trump's plans create uncertainty
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and President Trump's plans.
The Federal Reserve holds interest rates steady
The Federal Reserve left interest rates unchanged on Wednesday, amid a cloudy economic outlook, partly because some of President Trump’s policies could stymie the fight against inflation. Wednesday’s pause comes after the central bank cut interest rates by a full percentage point between September and December of last year.
US. Fed holds interest rates steady amid Trump’s criticism
The Federal Reserve has kept interest rates on hold in its first decision of the year, despite sharp criticism from President Trump. Plus, the US tech sector continues to feel the impact of a new budget-friendly Chinese AI app.
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House GOP retreat aims to heal energy divisions
As they gather this week at President Donald Trump's Miami resort, House Republicans face a host of tough decisions.
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Surging Long-Term Rates Stoke GOP Tensions on Paying for Tax Cut
Surging long-term interest rates and stubborn inflation are inflaming divisions among congressional Republicans over paying for the sweeping tax cuts Donald Trump promised, complicating the path ...
Senate confirms Scott Bessent as Trump’s Treasury secretary
Scott Bessent on Monday secured confirmation to lead the Department of the Treasury, putting President Trump’s top economic ...
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Cozen Currents: The GOP's Elusive Spending Cuts
Despite all the discussion of spending cuts under the new unified GOP control in Washington, two words that President Trump did not utter even ...
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Will Donald Trump and the GOP-controlled Congress kill the Inflation Reduction Act?
It’s Inauguration Day, and Washington, D.C. is about to get very different for at least the next few years, as the GOP cements its ... after the annual rate of inflation topped 9%, included ...
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New York GOP sees opportunity under Trump’s second term
New York Republican leaders hope Donald Trump’s second term boosts their chances in the 2026 gubernatorial race. GOP chair Ed ...
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Welch urges GOP to continue Medicare drug price negotiations
Vermont leaders in Washington are urging the Trump administration not to roll back efforts that make medications less ...
Will inflation pick back up and hurt stocks? The answer depends on if you ask a Republican or Democrat.
Concerns about inflation have been pegged as a major catalyst for big swings in longer Treasury yields in recent months. The ...