Federal Reserve keeps interest rates on hold amid Trump’s erratic trade strategy – live do sex sex to

May, 07 2025 20:09 PM

19.33 BSTFederal Reserve warns of inflation and jobs risks amid Trump’s erratic trade strategyCallum JonesThe Federal Reserve kept interest rates on hold as questions around the global economic outlook mount amid Donald Trump’s erratic rollout of an aggressive trade strategy.Policymakers at the US central bank cautioned that “the risks of higher unemployment and higher inflation have risen” as they opted to maintain the benchmark interest rate for the third time in a row.“Uncertainty about the economic outlook has increased further,” they said in a statement.The US president has repeatedly demanded in recent months that the Fed cuts rates – and even raised the prospect of firing Jerome Powell, its chairperson, before walking back the comments – as Trump’s tariffs plan appeared to knock the US economy.The Fed has been sitting on its hands for months, however, citing heightened uncertainty. It last cut rates in December, to a range of between 4.25% and 4.5%.As Trump pushed ahead last month with sweeping tariffs on imported goods from much of the world, Powell cautioned this would probably raise prices and slow growth – despite the administration’s pledges to revitalize the US economy and reduce the cost of living for millions of Americans.Federal Reserve warns of inflation and jobs risks amid Trump’s erratic trade strategyRead moreShare

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Federal Reserve keeps interest rates on hold amid Trump’s erratic trade strategy – live do sex sex to

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