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Divided Fed holds key interest rate steady, defying Trump's demands for aggressive cuts
A divided Federal Reserve on Wednesday voted to keep its benchmark interest rate steady, with two top officials dissenting.
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5 prospettive sulla stessa storiaTimeline cronologica
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theguardian.com
Fed expected to leave interest rates unchanged despite Trump pressure
US president has consistently pushed Fed officials to lower rates, which currently sit between 4.25 and 4.5%
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cnbc.com
Fed meeting live updates: Two central bank members dissent with Fed's decision to hold steady on rates
The central bank is expected to keep its target rate at a range of 4.25% to 4.50%, but traders want to see whether any Fed governors go against the decision.
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Divided Fed holds key interest rate steady, defying Trump's demands for aggressive cuts
A divided Federal Reserve on Wednesday voted to keep its benchmark interest rate steady, with two top officials dissenting.
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The Fed keeps borrowing costs high, despite Trump's push for cuts—here's why
The Fed is holding rates steady, meaning borrowing costs will likely stay elevated through the summer.
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huffpost.com
Federal Reserve Leaves Interest Rates Unchanged Even As Trump Demands Cuts
The choice to hold off on a rate cut will almost certainly result in further conflict between the Fed and White House.
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aljazeera.com
US Federal Reserve leaves rates unchanged despite pressure from White House
The decision also drew dissent from two of the central bank’s governors, both Trump appointees.
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nytimes.com
Fed Keeps Rates Steady Despite Internal Divisions and Political Pressure
The central bank kept interest rates steady for a fifth straight meeting, despite badgering from President Trump. It has “made no decisions” on cutting rates at its next meeting,…