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US Federal Reserve defies calls from Trump to cut interest rate

Sky News Wednesday, 30 July 2025
The Federal Reserve has defied calls from US President Donald Trump for a cut to the interest rate by leaving it unchanged.
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News video: Trump Lashes Out as Fed Keeps Interest Rates Unchanged —Conflict Threatens to Destabilize US Economy

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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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