US Fed prepares to pause in first rate decision since Trump's inauguration
- Posted on January 26, 2025
- By Bing News
- 6 Views
US Fed prepares to pause in first rate decision since Trump's inauguration
The US Federal Reserve is expected to announce a pause in rate cuts on Wednesday, as policymakers look to continue tackling inflation under close and vocal scrutiny from President Donald Trump. - Trump's 'demands' lower rates - Trump has frequently criticized the Fed, which has a dual mandate from Congress to act independently to tackle inflation and unemployment.