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Is Jerome Powell’s Rate Freeze a Political Move Against Trump’s Economic Agenda?

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the staff of the Ridgewood blog

Wall Street NY, in the high-stakes world of U.S. monetary policy, Federal Reserve Chair Jerome Powell has built a reputation as a cautious decision-maker—balancing the twin mandates of controlling inflation and supporting employment. But as President Donald Trump’s economic vision—fueled by aggressive tariffs and growth-oriented policies—advances, Powell’s refusal to cut interest rates is sparking fresh speculation: Is this really about economics, or is politics creeping into the Fed’s decisions?

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IMF Cuts Global Growth Forecast

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the staff of the Ridgewood blog

Washington DC, the IMF projects global growth is slowing under the burden of high inflation, impact of Russia’s war in Ukraine and lingering effects of pandemic announced Pierre-Olivier Gourinchas, the IMF’s Chief Economist on Tuesday, October 11 in Washington, DC.

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Fed Chair Jerome H. Powell outlines the Federal Reserve’s response to technological advances in the global payment systems

Fed Chairman Jerome Powell2

the staff of the Ridgewood blog

Washington DC, Technological advances are driving rapid change in the global payments landscape. The Federal Reserve is studying these developments and exploring ways that it might refine its role as a core payment services provider and as the issuing authority for U.S. currency.

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