As Fed Holds Rates Steady, Powell Says Next Step Is ‘Not at All Clear’
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As Fed Holds Rates Steady, Powell Says Next Step Is ‘Not at All Clear’

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines The Federal Reserve left interest rates unchanged on Wednesday for a third meeting in a row, as officials pointed to heightened uncertainty about how significantly President Trump’s tariffs will raise inflation and slow growth. The unanimous decision to stand pat will keep interest…

China Cuts Interest Rates to Shore Up Economy Hit by Trade War
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China Cuts Interest Rates to Shore Up Economy Hit by Trade War

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines China’s central bank cut interest rates and made it easier on Wednesday for banks to increase lending and pump more money into the economy, in the most significant policy steps taken by Chinese officials to limit the impact of the trade war with…

Solid Jobs Report Reinforces Fed’s Patient Approach to Interest Rate Cuts
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Solid Jobs Report Reinforces Fed’s Patient Approach to Interest Rate Cuts

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines A solid labor market has for months given the Federal Reserve comfort that it could hold off on interest rate cuts until it had more clarity about how President Trump’s policies would impact the economy. New data released on Friday reinforced that patient…

US Dollar Keeps Falling as Trump’s Tariffs Rattle Investors
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US Dollar Keeps Falling as Trump’s Tariffs Rattle Investors

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines The U.S. dollar extended its slide against other major currencies on Monday, the latest sign that investors may be starting to shun what has long been the safest haven in global financial markets. An index that tracks the dollar against a basket of…

The Job Market Has Been Resilient. The Trade War Could Be Its Undoing.
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The Job Market Has Been Resilient. The Trade War Could Be Its Undoing.

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines For three years, the U.S. economy has been buffeted by rapid inflation, high interest rates and political instability at home and abroad. Yet it has proved surprisingly resilient, supported by the sturdy pillars of robust consumer spending, a rising stock market, and healthy…

As Trump’s Tariffs Stoke Economic Uncertainty, the Fed Debates Its Next Steps
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As Trump’s Tariffs Stoke Economic Uncertainty, the Fed Debates Its Next Steps

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Chris Bergen, who runs a commercial greenhouse business in northern Minnesota, finds himself “walking a tightrope” roughly two months into President Trump’s second term. Acute uncertainty about how the administration’s trade and immigration policies will unfold and affect the economy has made him…

Does the Fed Share the Stock Market’s Worry About the Economy?
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Does the Fed Share the Stock Market’s Worry About the Economy?

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines The stock market has fallen fast over the past month. Business and consumer sentiment is souring, and investors are afraid that economic data will soon start to show deeper cracks. The question on Wednesday: Will the Federal Reserve also express concern about the…

Fed in No Hurry to Adjust Rates Amid Trump Policy Uncertainty
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Fed in No Hurry to Adjust Rates Amid Trump Policy Uncertainty

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Jerome H. Powell, chair of the Federal Reserve, said the central bank is focused on the “net effect” of President Trump’s sweeping economic agenda amid high uncertainty about which policies will actually be enacted, as he reiterated that officials are still not in…

E.C.B. Cuts Interest Rates Again, With an Uncertain Path Ahead
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E.C.B. Cuts Interest Rates Again, With an Uncertain Path Ahead

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines The European Central Bank lowered interest rates on Thursday, the sixth consecutive cut, as the economic landscape for the region rapidly changes. The bank’s key rate was cut by a quarter point to 2.5 percent, which was widely expected as inflation in the…