Federal Reserve keeps interest rates unchanged despite elevated inflation
The Fed, led by Chairman Kevin Warsh, raised its benchmark rate last month for the first time in three years, defying President Donald Trump’s demands for rate cuts.
The Fed, led by Chairman Kevin Warsh, raised its benchmark rate last month for the first time in three years, defying President Donald Trump’s demands for rate cuts.
This story was originally published by NBC Los Angeles. Use the link below to read the full article at the source.
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