27 May 2026

FOMC Keeps Interest Rates Steady, Ignoring Trump’s Call to Cut

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FOMC Keeps Interest Rates Steady, Ignoring Trump’s Call to CutThe Federal Reserve held interest rates steady Wednesday, brushing aside public pressure from President Donald Trump and signaling a cautious stance as economic crosscurrents persist. FOMC Holds the Line on Rates The Federal Open Market Committee voted to keep the federal funds rate in a target range of 3.50% to 3.75%, opting for patience despite […]
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