Federal Reserve Maintains Rates at 3.5% Despite Pressure From Trump
The Federal Reserve kept interest rates between 3.5% and 3.75% during its first meeting of 2026, ending a cycle of three consecutive cuts as the USA economy expanded.This decision was made while Jerome Powell faced a DOJ investigation and persistent public criticism from Donald Trump regarding the pace of monetary easing.While unemployment stabilized at 4.4%, the
Supreme Court is currently reviewing the legality of the attempt by
Donald Trump to remove
Lisa Cook from her post.
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