Politics - CBSNews.com
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President Trump had a message last week for the Federal Reserve while at the annual World Economic Forum gathering in Davos, Switzerland: He plans to "demand that interest rates drop immediately."
Mr. Trump may be in for disappointment. The Federal Reserve widely expected to keep its benchmark rate steady when it announces its latest interest rate decision today at 2 p.m. Eastern Time. Economists aren't penciling in a 2025 reduction until at least May, according to economists polled by financial data service FactSet.
Federal Reserve Chair Jerome...
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