The Federal Reserve kept interest rates steady Wednesday as President Trump’s new pick to lead the bank inched closer to confirmation. By a vote of 8 to 4, the Federal Open Market Committee (FOMC) decided to maintain its baseline interest rate range between 3.5 and 3.75 percent at the end of what will likely be Jerome Powell’s final meeting as Fed chair. Hours earlier, a Senate…
Politics
·
Federal Reserve holds rates as Kevin Warsh closes in on confirmation
CN
CitrixNews Staff
Originally reported by The Hill
Related Articles
Politics
Trump Gets His Payback, but It Comes at a Cost in Congress
Republican senators are angry the president is working to unseat their colleagues. But he is also creating more free age...
CitrixNews Staff
·
1 hour ago
Politics
RFK Jr. fires 2 leaders of preventive services task force
Health Secretary Robert F. Kennedy Jr has fired two of the leaders of an influential panel that ...
CitrixNews Staff
·
1 hour ago
Politics
UK agrees £3.7bn trade deal with six Gulf states
UK agrees £3.7bn trade deal with six Gulf states18 minutes agoShareSaveAdd as preferred on GoogleEmer MoreauBusiness rep...
CitrixNews Staff
·
1 hour ago
Politics
Raskin introduces bill to block Trump’s $1.776B after GOP shoots down effort to subpoena Blanche
Rep. Jamie Raskin (D-Md.), the top Democrat on the House Judiciary Committee, introduced a bill Wednesday to bar the Jus...
CitrixNews Staff
·
1 hour ago