WASHINGTON — The US Federal Reserve is widely expected to extend a recent pause in rate cuts this week as it waits to see how President Donald Trump's stop-start tariff rollout affects the health of the world's largest economy.
WASHINGTON — The US Fed eral Reserve is widely expected to extend a recent pause in rate cuts this week as it waits to see how President Donald Trump's stop-start tariff rollout affects the health of the world's largest economy. Trump has imposed steep levies on China, and lower 'baseline' levies of 10 percent on goods from most other countries, along with 25 percent duties on specific items like steel, automobiles and aluminum.
'I think the committee remains in good condition here, and most likely they'll remain on hold at this meeting,' said Jim Bullard, the long-serving former president of the St. Louis Fed. 'I think it's a good place for them to be while there's a lot of turbulence in the trade war,' added Bullard, now dean of the Daniels School of Business at Purdue University.
Fed Expected To Pause Cuts Again
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