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The Fed is likely to hold interest rates steady despite intense pressure from Trump

NPR Wednesday, 30 July 2025 ()
The Federal Reserve is expected to leave its benchmark interest rate unchanged, but a rate cut is possible in September. President Trump has been urging the central bank to lower borrowing costs.
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News video: Trump Lashes Out as Fed Keeps Interest Rates Unchanged —Conflict Threatens to Destabilize US Economy

Trump Lashes Out as Fed Keeps Interest Rates Unchanged —Conflict Threatens to Destabilize US Economy 03:49

 In a dramatic showdown, President Trump demands urgent interest rate cuts to stimulate the struggling economy — but the Federal Reserve stands firm, leaving rates unchanged. This escalating conflict between the White House and the central bank raises fears of economic instability and political...

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