Tag: economic policies
Federal Reserve Expected to Hold Steady on Interest Rates Amid Uncertainty Over Trump's Economic Policies
The Federal Reserve has decided to keep interest rates steady, maintaining the current target range of 4.25% to 4.5% after three rate cuts in 2024. The pause allows time to assess the impact of previous cuts and President-elect Donald Trump's proposed economic policies. Inflation concerns remain, prompting caution. Market participants look for indicators of potential rate adjustments in 2025 as economic influences unfold.
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