Hours before the decision, the president called the Fed’s chair, Jerome Powell, ‘stupid’ for anticipated rate hold

In the latest in a series of attacks on Powell, Trump said the Fed's key borrowing rate should be at least 2 percentage points lower.

The US Federal Reserve has voted to keep interest rates the same, despite months of pressure from Donald Trump to lower borrowing costs.

The US central bank held rates steady despite backlash from President Donald Trump.

Hours before the decision, the president called the Fed’s chair, Jerome Powell, ‘stupid’ for anticipated rate hold

Le président américain, qui souhaite une baisse des taux, a qualifié de « personne stupide » et « politisée » le président de la banque centrale américaine, Jerome Powell.…

The central bank signals little urgency to cut interest rates despite demands from President Trump for lower borrowing costs.