Fed Chief Under Pressure to Defy Trump with Interest Rate Hike
8 Articles
8 Articles
Le Journal de Montreal
Inflation did not calm down in August in the United States, pump prices blaze...
The Fed last raised rates three years ago, ending the cycle of increases it started during the pandemic
Inflation did not calm down in August, pump prices are blazing... In the United States, the central bank (Fed) seems to have few options but to raise its rates to cool the economy, which would be greatly displeased by Donald Trump.
Fed Chairman Kevin Ward is now under increasing pressure to raise interest rates as US inflation remains persistently above target… US: Persistent inflation pushes Ward to raise interest rates - ΙΝΑΤΕΜΟΠΟΡΙΚΙ
After the US inflation figure largely beat expectations, the market is now largely certain that the Fed will raise interest rates in five days.
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