rate cuts

Powell Navigates Rate Cut Pressure as Fed Holds Steady Amid Trump's Criticism

Powell Navigates Rate Cut Pressure as Fed Holds Steady Amid Trump's Criticism

Federal Reserve Chair Jerome Powell affirmed the central bank's stance on interest rates, holding them steady for the fourth consecutive meeting. This decision follows a great deal of outside influence, most notably ongoing pressure from President Donald Trump to lower rates. Powell's recent speech addressed the state of the economy,...