US Fed keeps interest rates unchanged in face of Trump criticism

Fed Chair Jerome Powell said that increases in tariffs this year are 'likely to push up inflation and weigh on economic activity.' Trump, hours before the bank was due to release its policy decision, vented: 'They have a stupid person, frankly, at the Fed.'

US Fed keeps interest rates unchanged in face of Trump criticism
Fed Chair Jerome Powell said that increases in tariffs this year are 'likely to push up inflation and weigh on economic activity.' Trump, hours before the bank was due to release its policy decision, vented: 'They have a stupid person, frankly, at the Fed.'