Federal Reserve holds interest rates, defying Trump’s demand to lower them

theguardian.com/business/2025/jun/18/federal-reserve-interest-rate-announcement

Hours before the decision, the president called the Fed’s chair, Jerome Powell, ‘stupid’ for anticipated rate hold
The US Federal Reserve kept interest rates on hold, but signaled it might make two cuts this year, as Donald Trump continues to break with precedent and demand lower…

This story appeared on theguardian.com, 2025-06-18 18:19:41.
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