Jul 31, 2025 · 1 min read · WASHINGTON: The US Federal Reserve kept its benchmark interest rate unchanged at 4.25% to 4.50% for a fifth consecutive time on Wednesday, despite growing political pressure from President Trump to slash rates. The decision came with rare dissents fr...
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Jun 17, 2025 · 2 min read · As the Federal Reserve begins its two-day policy meeting on Tuesday, it confronts a storm of uncertainty driven by rising geopolitical tensions in the Middle East, volatile oil markets, and growing ambiguity over the long-term effects of President Do...
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May 20, 2025 · 2 min read · JP Morgan CEO Jamie Dimon has issued a stark warning to investors and policymakers, cautioning against what he calls “extraordinary complacency” in global markets following Moody’s recent downgrade of the US credit rating. Speaking at the bank’s annu...
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May 2, 2025 · 2 min read · In one of his final remarks as the leader of the now-defunct Department of Government Efficiency (DOGE), Elon Musk is raising eyebrows over a $2.5 billion renovation of the Federal Reserve’s headquarters — calling for greater transparency and scrutin...
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