New York Post
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Fed keeps interest rates UNCHANGED again despite pressure from Trump
Posted
July 30, 2025
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July 30, 2025
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3:31Now PlayingThe Federal Reserve kept interest rates unchanged Wednesday despite intense pressure from President Trump for a cut — and votes by two of the central bank’s governors against Jerome Powell’s “wait and see” approach. The central bank’s policy-setting Federal Open Market Committee maintained the benchmark rate between 4.25% and 4.5%, where it has been since December. It marked the first meeting in three decades where more than one governor on the 12-member board has dissented on an interest-rate vote.
#jeromepowell #federalreserve #interestrates
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