Episode details

World Service,07 May 2025,26 mins
Fed keeps interest rates unchanged despite Donald Trump pressure
World Business ReportAvailable for over a year
The Federal Reserve chairman Jerome Powell said America's central bank would leave its key interest rate unchanged because of tariff 'uncertainty'. We hear from Gary Schlossberg, a global strategist for Wells Fargo Investment Institute and a former researcher at US Treasury and Federal Reserve. You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.
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