June 26, 2025
The Spring Meetings of the International Monetary Fund and the World Bank bring some de-escalatory statements from Washington about its relations with China
The Fed's wait-and-see approach on interest rates has angered Trump
Trump says rates should be falling in US as in Europe, as the Fed is keeping rates on hold, and is concerned that tariffs will drive up inflation
The central bank kept its benchmark overnight interest rate unchanged in the 4.25%-4.50% range
