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
23:05
The Trump administration will ban imports of humanoid robots and electric inverters from China
22:59
The Tate brothers are requesting bail in the USA, and the decision will be made in August.
22:44
Romania has obtained a tranche of 800 million euros from the PNRR for the modernization of heating systems. The bill has passed through committees, providing funding solutions.
22:28
PSD criticizes the Bolojan Government after the approval of the Memorandum for unblocking positions in the healthcare system: "Suddenly, the Government found the necessary funds"
22:20
The passengers of the cruise ship stranded on the Danube due to drought have been evacuated.
See more news