US Federal Reserve pauses rate cuts, angering Trump

May Be Interested In:Trump’s Government slashes $51,000 funding for NZ scientists’ trip to US




America’s central bank has held its main interest rate steady as President Donald Trump’s trade policies threaten to rekindle inflation in the world’s largest economy. The Federal Reserve resisted pressure from Trump to continue with cuts, in its first rate decision since his return to office. Also in this edition: France’s GDP shrinks 0.1 percent in the last quarter of 2024 amid a budgetary impasse in parliament.

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