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US central bank cuts growth outlook

Posted

March 19, 2025

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The US central bank has slashed its expectations for economic growth this year as it eyes challenges on several fronts amid Donald Trump's escalating trade war.

The Federal Reserve announced, as was widely expected, that it would keep its main interest rate at its current target range level of 4.25%-4.5% following the latest meeting of its Federal Open Markets Committee.

#FederalReserve #US #InterestRates

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US central bank cuts growth outlook · Sky News · Sentinel