Federal Reserve likely to stand pat on rates this week, deepening the gulf between Powell and Trump
- Posted on July 28, 2025
- By Bing News
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Federal Reserve likely to stand pat on rates this week, deepening the gulf between Powell and Trump
WASHINGTON (AP) — The Federal Reserve is expected to leave its short-term interest rate unchanged on Wednesday for the fifth straight meeting, a move that will likely underscore the deep divide between how Chair Jerome Powell and his chief critic, President Donald Trump, see the economy. The Fed itself, to be sure, is increasingly divided over its ...