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Don’t expect the Fed to lower interest rates this week despite string of harsh criticism from Trump
fortune.com/article/dont-expect-fed-lower-interest-rates-this-week-harsh-criticism-trump-powell
The Federal Reserve will likely keep its key short-term interest rate unchanged on Wednesday, despite weeks of harsh criticism and demands from President Donald Trump that the Fed reduce borrowing costs.
After causing a sharp drop in financial markets two weeks ago by saying he could…
This story appeared on fortune.com, 2025-05-05 08:28:59.