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21:47 · May 8, 2025 · Thu
Trump says a rate cut would be like 'jet fuel' for markets, but Powell doesn't want to do it
CNBC
Trump says a rate cut would be like 'jet fuel' for markets, but Powell doesn't want to do it
The Fed on Wednesday voted to keep its benchmark interest rate in a range of 4.25% to 4.5%, where it's kept it on hold since December.
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