The Federal Reserve (Fed) announced a 0.25 percentage-point reduction in its benchmark interest rate, citing significant limitations in economic data due to the current U.S. federal government shutdown. Chair Jerome Powell highlighted that a lack of timely labour-market and inflation signals is
President Donald Trump visited the Federal Reserve headquarters in Washington on July 24, urging the central bank to wrap up its renovation project and push forward with interest rate cuts. The visit marked a rare presidential appearance at the Fed and underscored Trump’s ongoing focus on economic policy and central bank operations. Renovation Cost Dispute […]















