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

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

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