US Federal Reserve leaves rates unchanged despite pressure from White House | Inflation News

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The decision also drew dissent from two of the central bank’s governors, both appointees of US President Donald Trump, a first in more than 30 years.

Despite pressure from the White House, the United States Federal Reserve will hold interest rates steady at 4.25-4.50 percent, on par with economists’ expectations as tariff-driven uncertainty weighs on the US economy.

The Fed, the US central bank, announced its decision on Wednesday as it wrapped up its two-day policy…