Fed leaves rates unchanged despite Trump's pressure, with two governors dissenting

The Federal Reserve held interest rates steady on Wednesday in a split decision that gave little indication of when borrowing costs might be lowered and drew dissents from two of the U.S. central bank’s governors, both appointees of President Donald Trump who agree with him that monetary policy is too tight.
Visited 1 times, 1 visit(s) today

Related Article

Trump Pushes Key Defense Partner Into Russia and China’s Orbit

President Donald Trump‘s simmering trade feud with India, a key U.S. economic and defense partner, has raised fears that New Delhi could be pushed deeper into Russia and China’s orbit. Trump imposed a 25-percent tariff of all Indian goods coming into the United States from August 1 as well as an unspecified extra penalty for

Desi Celebrities on Western Red Carpets

When Aanya stepped out of the black car onto the red carpet, everything stopped for a second. Cameras turned. Eyes widened. People gasped. No, she wasn’t a Hollywood star. She was a girl from Delhi, India. And she wasn’t wearing a designer Western gown. She was wearing a red silk sari with golden borders —