Banknotes: January to March 2025
A round-up of stories and salient points which have affected central bankers up to now three months
The US Federal Reserve selected March 19 and February 29 to carry the goal vary for the federal funds price at 4.25–4.5%. On the time of the January choice, president Donald Trump attacked the Fed for each inflicting and failing to cease inflation, however later stated its choice had been “the best factor to do”. The minutes of the assembly, printed on February 19, confirmed the Federal Open Market Committee (FOMC) had held due to potential upside dangers
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