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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, the Fed chair said.
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nytimes.com
What to Watch at the Federal Reserve’s July Meeting
The U.S. central bank is widely expected to hold interest rates steady for a fifth straight meeting despite badgering from President Trump to lower borrowing costs.
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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%
