Fed holds rates steady, says tariffs will slow economy
Thursday, 8 May 2025 () The nation’s central bankers didn’t grow up in the circus, but they’re walking a tightrope nonetheless. Amid pressure on all sides from the anticipated effects of President Trump’s tariffs, the Federal Reserve held interest rates at 4.25%–4.5% yesterday, as expected, and ramped up warnings about…
ECB cuts rates again as Trump tariffs weigh on economic outlook
The European Central Bank cut its benchmark interest rate by a quarter point to 2.25% on Thursday as threats to growth outweigh..
Credit: euronews (in English) Duration: 01:00Published
Former President Donald Trump rolled back an Obama-Biden era rule limiting showerheads to 2.5 gallons per minute, calling the regulation “ridiculous.” During his White House tenure, Trump joked..
President Donald Trump admitted delaying tariff hikes due to market panic, saying investors were getting “afraid.” Following a $1.5 trillion stock wipeout ahead of tariff hikes, Trump froze most..
Policymakers at the Federal Reserve voted on Wednesday to hold interest rates steady for now, while they wait to see how President Trump's trade war plays out in... NPR
Thursday, 8 May 2025 ()
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