Home World News Europe Europe Daily News Federal Reserve keeps interest rates unchanged in defiance of Trump who wants them lowered
Europe Daily News

Federal Reserve keeps interest rates unchanged in defiance of Trump who wants them lowered

Federal Reserve keeps interest rates unchanged in defiance of Trump who wants them lowered thumbnail

When the Fed reduces its key rate, it tends to lower borrowing costs for things like mortgages, car loans and business borrowing, though those rates are also influenced by market forces.

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