The US Federal Reserve has decided to keep interest rates between 4.25% and 4.50%, angering President Trump, who is calling for lower rates.
Adrian Rusu
International
Foto: pixabay.com/ro
Always see our news on Google
The Fed has announced it is keeping its benchmark interest rate unchanged for the fourth consecutive time, sparking frustration among the Trump administration. The president criticized the Fed and Chairman Jerome Powell, calling for lowering the interest rate, which he believes is too high. Powell emphasized that the Fed will take decisions with caution given the impact of tariffs on inflation and the economy. Financial markets reacted negatively after the announcement.
Sources
Latest News
18:11
Palestinian Authority postpones legislative elections / Vote to be rescheduled next year following agreement in Cairo
18:10
New strategic investment on the coast: Inspire Asset Management, the company founded by Iulian Stanciu, becomes a shareholder in NIBIRU Real Estate, the developer of the entertainment complex in Costinești
18:08
PUCL invites conservative and liberal civic parties and organizations to join a common platform, supported by Claudiu Târziu
18:02
The European Commission rejects an EU tax on energy companies’ windfall profits, requested by six member states
17:54
Romania’s Ministry of National Defence denies the fake document on the conscription of young people and warns of a disinformation campaign
See more news
NEWS ON THE SAME TOPICS
.webp)
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
.webp)
