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Fed holds rates steady despite pressure from Trump
thehill.com/business/5288006-fed-holds-rates-despite-trump-pressure
The Federal Reserve’s interest rate setting committee held rates steady Wednesday at a range of 4.25 to 4.5 percent, despite calls from President Trump to lower borrowing costs amid price pressures from his trade war.
Wednesday’s rate hold was the third in a row, following pauses during…
This story appeared on thehill.com, 2025-05-07 18:00:41.