Fed Keeps Interest Rates Steady
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Lower borrowing ratesMoneywise
•Business
Business & Economics
Trump calls on Federal Reserve to cut interest rate ahead of tariff 'Liberation Day'
71% Informative
In March , the Federal Reserve opted to keep its benchmark interest rate steady.
President Donald Trump has made it clear that he's looking for the Fed to cut rates in short order.
Trump is expected to roll out a targeted tariff initiative on April 2 .
Lower borrowing rates could potentially offset some of the higher costs that may result from tariffs.
But lower rates could also fuel inflation by encouraging more spending.
On March 13 , the stock market entered correction territory for the first time in more than a year .
Tariff policies, once implemented, could drive stock values down even more.
Now’s a good time to rebalance your portfolio as needed or cash out some remaining gains.
A fully loaded emergency fund could make it easier to leave your stock portfolio alone in the event of market meltdown.
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