Federal Reserve keeps interest rates on hold amid Trump’s erratic trade strategy
Central bank says ‘uncertainty has increased as it opts to maintain benchmark interest rate for third time in a rowThe 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. Continue reading...
Central bank says ‘uncertainty has increased as it opts to maintain benchmark interest rate for third time in a row
The 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. Continue reading...
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