US Fed meet: Jerome Powell keeps rates unchanged; defies Trump’s call for cut
US Fed meet: Jerome Powell keeps rates unchanged; defies Trump’s call for cut
The US Federal Reserve, under Jerome Powell, held interest rates steady, defying President Donald Trump's calls for a cut. Trump has in the past criticized Powell and dismissed inflation concerns, while other administration officials have joined in advocating for rate reductions.
The US Federal Reserve, under Jerome Powell, held interest rates steady, defying President Donald Trump's calls for a cut. Trump has in the past criticized Powell and dismissed inflation concerns, while other administration officials have joined in advocating for rate reductions.