President Trump had a message last week for the Federal Reserve while at the annual World Economic Forum gathering in Davos, Switzerland: He plans to "demand that interest rates drop immediately." ...
Borrowers hoping for more financial relief from the Federal Reserve may have a wait on their hands, as the central bank is hit the pause button on additional rate cuts at its Jan. 29 meeting.
Addressing leaders at the World Economic Forum in Davos, Trump said he would not hesitate to press the Federal Reserve to lower interest rates, Reuters reported previously. "With oil prices going ...
Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s ...
Amid pressure from President Donald Trump to keep lowering interest rates, the Federal Reserve held steady.
The decision reflects a cautious stance as the Fed assesses the direction of inflation and policies President Trump may implement.
The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump called on the central bank to lower them. The announcement put the central bank on a potential ...