Wednesday, May 1, 2019

Federal Reserve holds rates steady despite Trump’s jawboning | USA News

Ignoring pressure from President Donald Trump to cut interest rates and revert to crisis-era stimulus measures, the Federal Reserve voted to leave interest rates unchanged at the conclusion of its two-day policy meeting Wednesday in Washingon, DC. Citing a “strong” labour market, “solid” economic growth and a lack of inflationary pressure, Federal Reserve policymakers voted unanimously to keep

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