Washington, May 7, 2025 (AFP) - No rate cuts expected from US Fed facing 'unfavorable' conditions

NAMPA / AFP
2025-05-07
The US Federal Reserve faces a tough choice Wednesday as it contends with President Donald Trump's tariff rollout: Prioritize tackling inflation by holding interest rates high, do nothing, or stimulate growth and employment by cutting them? Analysts and investors overwhelmingly think the Fed will choose to sit tight, preferring to wait and see how the new levies affect the US economy before moving on rates. "It's an unfavorable mix for the Feder......
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MARIENTAL, 07 May 2025 - The Taradi! Hana Xabadi organisation conducted a workshop at Mariental, equipping 29 unemployed women from their community with the skills to produce ‘Namaseep’, a handmade soap. (Photo: Contributed)

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