US Fed prepares to pause in first rate decision since Trump's inauguration

  • Posted on January 26, 2025
  • By Bing News
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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.
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