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Federal Reserve · United StatesThe Federal Reserve on Wednesday voted to take a break from a recent run of interest rate cuts, as the central bank navigates questions about its independence and awaits a new leader.See the Story
Fed keeps interest rates steady after three consecutive rate cuts
61% Center coverage: 127 sources
Jerome Powell · United StatesThe US Federal Reserve has defied pressure from President Donald Trump, by holding interest rates steady. The policy announcement was partly overshadowed by ongoing tensions with the administration. Fed Chairman Jerome Powell - who is facing a criminal probe he describes as politically motivated - insisted the central bank would maintain its independence. Also in the show - the US dollar slides to its lowest level in four years, and Paris Fashio…See the Story
Fed Defies Trump to Hold Interest Rates Steady
42% Center coverage: 12 sources
Jerome PowellBy Bryan Mena, CNN Washington (CNN) — The Federal Reserve on Wednesday kept interest rates unchanged as the central bank fights to maintain its ability to set interest rates without political interference. Officials kept their benchmark lending rate at a range of 3.5-3.75%, following three consecutive rate cuts late last year. It’s a pause thatSee the Story
Powell Hints at Extended Pause on Rate Cuts but Stays Mum on Trump Attacks
55% Center coverage: 11 sources
