Fed stands pat on rates: Trump blasts Powell, renews call to lower borrowing costs

bostonherald.com/2025/06/18/fed-stands-pat-on-rates-trump-blasts-powell-renews-call-to-lower-borrowing-costs

WASHINGTON — Federal Reserve officials expect inflation to worsen in the coming months but they still foresee two interest rate cuts by the end of this year, the same as they projected in March.
The Fed kept its key rate unchanged for the fourth straight meeting Wednesday, and said the…

This story appeared on bostonherald.com, 2025-06-18 20:50:35.
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