#Monetary policy
Total 2 articles
PoliticsEN
Fed Holds Rates Steady Despite Trump Pressure, Widening US-Korea Gap to 1.25%
The Federal Reserve kept interest rates unchanged at 3.5-3.75% despite President Trump's pressure to cut rates, creating a 1.25 percentage point gap with South Korea and raising questions about central bank independence.
PoliticsEN
Fed Defies Trump, Holds Rates Steady in Independence Test
The Federal Reserve paused rate cuts despite Trump's pressure, creating a 1.25 percentage point gap with South Korea. What this means for global markets and central bank independence.