Powell doesn't bow to Trump pressure; US Fed keeps interest...

Dununu.com Dununu

Sponsored

Powell doesn't bow to Trump pressure; US Fed keeps interest rate unchanged - here's what the FOMC statement said

RSS Feed Business

Posted

93

The Federal Reserve decided to maintain the federal funds rate at 4.25%-4.50%, assessing incoming data and economic outlook. Despite Trump's call for rate reductions following a 3% GDP growth in the second quarter, experts contextualize this data, noting a slower overall growth rate for the first half of 2025. Trump's stance contrasts with traditional economic thinking.

Read Full Article

Please log in to like, share and comment!

'Baseless allegations': Election Commission rejects Rahul Gandhi’s 'vote theft' claims; asks officials to ignore 'such baseless allaegation'

By 0 4

Education Bill must reflect equal role of private sector, says N-PABSON

KATHMANDU: The National Private and Boarding Schools’ Association Nepal (N-PABSON) has...

By 0 10

Times when Mahvash clapped back at trolls

RJ Mahvash faced social media trolling and accusations of being a 'homewrecker' due to...

By 0 15

What is the World Free Zones Organization: What Oman’s new membership means for its future

Oman's OPAZ joined the World Free Zones Organization. This move aims to enhance Oman's global...

By 0 15

Saudi minister visits INTERPOL HQ: What to know about the €1m pledge and regional bureau plan

Saudi Arabia’s Interior Minister Prince Abdulaziz bin Saud visited INTERPOL’s...

By 0 15