This disappointed many Americans, including President Donald Trump, who has been slamming Powell with a vast variety of vile vindictiveness for keeping interest rates steady for a

The Fed remains in a holding pattern, keeping rates unchanged as inflation risks from tariffs and economic uncertainty persist. Click to read more here.

The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest rate, Chair Jerome Powell says, a stance directly at odds with President Donald Trump’s calls for immediate cuts.