Fed’s Powell sticks with patient approach to rate cuts, brushing off Trump’s demands
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell gave little indication on Wednesday of bowing anytime soon to President Donald Trump’s frequent demands that he cut interest rates, even as signs of dissent emerged on the Fed’s governing board. The Fed left its key short-term interest rate unchanged for the fifth time this year, at about 4.3%, […]
JULY 30, 2025







