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International Business Times
International Business Times
Business

No Rate Cuts Expected From US Fed Facing 'Unfavorable' Conditions

US Federal Reserve Chair Jerome Powell has come under pressure from President Donald Trump (Credit: AFP)

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.

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