This disappointed many Americans, including President Donald Trump, who has been slamming Powell with a vast variety of vile vindictiveness for keeping interest rates steady for a

The Fed remains in a holding pattern, keeping rates unchanged as inflation risks from tariffs and economic uncertainty persist. Click to read more here.

Higher tariffs could begin raising inflation this summer, a period that will be key to Federal Reserve consideration of possible rate cuts, Fed Chair Jerome Powell told members of Congress on Tuesday (June 24).