US president has consistently pushed Fed officials to lower rates, which currently sit between 4.25 and 4.5%

US president has consistently pushed Fed officials to lower rates, which currently sit between 4.25 and 4.5%

The Federal Reserve will release its interest rates decision Wednesday, but it's unlikely to cut rates. Trump has lobbied against Fed Chair Jerome Powell.

The Fed cited the economy’s resilience as part of its motivation for maintaining rates.

A divided Federal Reserve on Wednesday voted to keep its benchmark interest rate steady, with two top officials dissenting.

The Fed is holding rates steady, meaning borrowing costs will likely stay elevated through the summer.

The choice to hold off on a rate cut will almost certainly result in further conflict between the Fed and White House.

La Federal reserve ha deciso ancora una volta, resistendo alle pressioni ormai continue del presidente Donald Trump, di mantenere i tassi invariati: l’obiettivo dei Fed funds…

The decision also drew dissent from two of the central bank’s governors, both Trump appointees.

The US president has hurled insults at Jerome Powell, renewing calls for the Federal Reserve to slash interest rates.