WASHINGTON — The US Federal Reserve is widely expected to keep interest rates unchanged at its policy meeting this week, treading carefully amid uncertainty over President Donald Trump's economic policies, which include spending cuts and sweeping tariffs.
WASHINGTON — The US Fed eral Reserve is widely expected to keep interest rates unchanged at its policy meeting this week, treading carefully amid uncertainty over President Donald Trump's economic policies, which include spending cuts and sweeping tariffs.
ING analysts expect the Fed to signal its base case remains two 25 basis point cuts this year, noting 'there is no pressing need for additional rate cuts given that unemployment is low and inflation is still tracking hot.' In February, government data showed that the unemployment rate was a relatively low 4.1 percent, with the labor market remaining stable. The consumer price index — a gauge of inflation — came in at 2.
Fed Pause Expected Amid Worries
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