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.