US Federal Reserve holds interest rates steady over Trump tariffs

Mar 20, 2025 - 12:00
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US Federal Reserve holds interest rates steady over Trump tariffs
The US Federal Reserve announced a pause in interest rate cuts, citing increased economic uncertainty exacerbated by President Trump's unpredictable tariff measures. The central bank's decision keeps the key lending rate steady at 4.25 to 4.50 percent as policymakers aim to stabilise an unsettled economy.

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