Washington, May 4, 2025 (AFP) - US Fed expected to pause cuts again and wait for clarity on tariffs

NAMPA / AFP

2025-05-04

The US Federal Reserve is widely expected to extend a recent pause in rate cuts this week as it waits to see how President Donald Trump's stop-start tariff rollout affects the health of the world's largest economy. Trump has imposed steep levies on China, and lower "baseline" levies of 10 percent on goods from most other countries, along with 25 percent duties on specific items like steel, automobiles and aluminum. The president has also paused h......

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