Fed to hold rates steady despite Trump's push for big cuts

  • Posted on July 30, 2025
  • By Bing News
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Fed to hold rates steady despite Trump's push for big cuts

By Howard Schneider WASHINGTON (Reuters) -The Federal Reserve is expected to leave interest rates unchanged on Wednesday, six days after President Donald Trump again demanded that the U.S. central bank cut borrowing costs during a rare presidential visit to its headquarters in Washington. The steep reduction in the benchmark interest rate that Trump wants - he has suggested cutting it from the
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