Why the US central bank decided to keep interest rates steady | DW News
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Episode description
A week before Americans head to the polls, the Federal Reserve is holding interest rates steady. Why has the Fed resisted Donald Trump's calls for cuts, and what does the decision mean for inflation, borrowing costs and the election campaign? We discuss all this with Gerald Cohen, Chief Economist at the Kenan Institute of Private Enterprise. 00:00 - US Federal Reserve holds interest rates steady 01:07 - Gerald Cohen on whether the Fed can remain apolitical 02:49 - The Fed's dual mandate vs. persistent inflation 04:17 - Fed Chief Kevin Warsh on economic indicators & markets 05:10 - Why Americans feel pinched: Wage growth vs. price hikes 07:00 - Political pressure to cut rates & the risk of overheating 08:35 - Trump’s rate stance & lessons from 1970s inflation 10:07 - Energy prices, AI sector growth & economic outlook For more news go to: http://www.dw.com/en/ Follow DW on social media: ►Instagram: https://www.instagram.com/dwnews ►TikTok: https://www.tiktok.com/@dwnews ►Facebook: https://www.facebook.com/deutschewellenews/ ►Twitter: https://twitter.com/dwnews ►Reddit: https://www.reddit.com/user/DWNews/ Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1 #dwnews
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