President Donald Trump has put maximum pressure on Federal Reserve Chair Jerome Powell, calling him every name in the book (and admitting he has purposefully called him names), accusing Powell of playing politics with rates, taking an extremely rare trip to the Fed to survey its $2.5 billion renovation, and taking action to undermine the

Federal Reserve leaves interest rates unchanged. FOX Business White House correspondent Edward Lawrence with more. The Federal Reserve on Wednesday announced that it will leave its benchmark interest rate unchanged, as policymakers decided to hold rates steady amid elevated economic uncertainty as they continue to monitor inflationary pressures and labor market data. The central bank’s

The Federal Reserve on Wednesday left its key interest rate unchanged, a widely expected move that comes despite enormous pressure from the Trump administration to lower it. The Fed, in a statement announcing the decision, said that economic growth had moderated in the first half of the year but that inflation remained “somewhat elevated.” Two