Similar Stories to Trump Slams Rate Increases By Independent Federal Reserve on Bing News

WASHINGTON — President Donald Trump on Thursday cast aside concerns about the Federal Reserve’s independence, saying he was “not happy” with the Fed’s recent interest rate increases. Trump told CNBC in an interview: “I don’t like all of this work that we’re putting into the economy and then I see rates going up.” Last month, the Fed raised its benchmark rate for a second time this year and projected two more increases in 2018.

BING NEWS:
  • Federal Reserve sees some progress on inflation but envisions just one rate cut this year
    With inflation sticking at a level above their 2% target, Federal Reserve officials are downgrading their outlook for interest rate cuts.
    06/12/2024 - 10:41 am | View Link
  • Federal Reserve leaves key interest rate unchanged amid signs inflation is starting to slow further
    The Federal Reserve said Wednesday it was keeping its key interest rate unchanged as it fights elevated inflation rates that have been pinching U.S. businesses and consumers.In a statement Wednesday, ...
    06/12/2024 - 7:36 am | View Link
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