US Federal Reserve leaves key lending rate unchanged in first decision after Trump inauguration – The Times of India

US Federal Reserve leaves key lending rate unchanged in first decision after Trump inauguration – The Times of India

The Federal Reserve kept its benchmark lending rate unchanged at between 4.25 percent and 4.50 percent on Wednesday, despite pressure from President Trump for further cuts in the first rate decision following his return to office.The central bank said that the unemployment rate has “stabilized at a low level in recent months, and labor market…

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