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The Federal Reserve on Wednesday kept the central bank’s interest rates at current levels amid concerns about the direction of the U.S. economy and the impact of President Trump’s tariffs on it.
The federal funds rate remains in the 4.25 to 4.5% range, according to NBC News.
The central bank’s latest economic outlook is increased inflation amid a lower overall growth trend, known as “stagflation.”
The Trump administration is seeking to make a federal crisis hotline more accessible by closing down its LGBT youth option next month in order to […]
President Donald Trump on Thursday evening said he would appoint Judge Jeanine Pirro as interim U.S. Attorney for Washington D.C., just hours after he pulled […]
The U.S. Department of Agriculture canceled its $1 million collaboration with the Chinese Academy of Sciences, the parent to the Wuhan Institute of Virology, to […]