Exchange-traded funds focused on the bond market slipped Wednesday, after the Federal Reserve decided to pause its interest-rate cutting cycle while waiting for new policies to be enacted under President Donald Trump.
President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.
The White House Office of Management and Budget on Wednesday rescinded a memo that froze federal grants and loans and created widespread confusion this week.
The OMB memo had directed federal agencies to pause grants and loans pending a review of compliance with the agenda of President Donald Trump.
The US Federal Reserve left its key lending rate unchanged Wednesday and adopted a patient "wait and see" approach to Donald Trump's economic policies, in the first decision since his
The Federal Reserve left interest rates unchanged Wednesday as it began a new wait-and-see policy stance amid a cloudy economic outlook and uncertainty over whether some of President Donald Trump’s policies could stymie the fight against inflation.
The White House budget office Wednesday rescinded the federal aid freeze, according to multiple media reports citing an administration memo.
A desire for low rates confronts a very different economic backdrop—with higher price pressures—from his first term.
The Federal Reserve is nearly certain to keep its key interest rate unchanged at its policy meeting this week, just a few days after President Donald Trump said he would soon demand lower rates
The Fed is likely to hold rates until June, while Trump will push for a rate-cut sooner Eight days after President Donald Trump's return to the White House, Federal Reserve officials will gather ...