Fed holds interest rates steady

Fed holds interest rates steady

WASHINGTON – The Federal Reserve in a closely watched decision Wednesday held the line on benchmark interest rates though still indicated that reductions are likely later in the year. Faced with pressing concerns over the impact tariffs will have on a slowing economy, the rate-setting Federal Open Market Committee kept its key borrowing rate targeted…

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Oil prices rise as US vows to keep attacking Houthis – Reuters

Oil prices rise as US vows to keep attacking Houthis  Reuters LIVE: US keeps up attacks on Yemen’s Houthis; Israel-Hamas talks continue  Al Jazeera English Trump orders US strikes against Yemen’s Houthis – video  The Guardian Waltz confirms US airstrikes ‘took out’ multiple Houthi leaders  The Hill Transcript: Secretary of State Marco Rubio on “Face the Nation with Margaret…

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Gazans Worry as Israeli Border Block Sends Food Prices Climbing – The New York Times

Gazans Worry as Israeli Border Block Sends Food Prices Climbing  The New York Times Updates: Israel ramps up threats against Hamas in bid to change truce deal  Al Jazeera English Egypt and Qatar accuse Israel of violating humanitarian law for blocking aid into Gaza  The Associated Press Netanyahu Hoping for Cease-fire Violations That Could Justify Resuming the War…

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The Fed is stuck in neutral as it watches how Trump’s policies play out

The Fed is stuck in neutral as it watches how Trump’s policies play out

U.S. Federal Reserve Chair Jerome Powell testifies before a Senate Banking, Housing and Urban Affairs Committee hearing on “The Semiannual Monetary Policy Report to the Congress,” at Capitol Hill in Washington, U.S., Feb. 11, 2025.  Craig Hudson | Reuters The popular narrative among Federal Reserve policymakers these days is that policy is “well-positioned” to adjust…

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