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Business

Karee Venema

July Fed Meeting: Updates and Commentary

Jerome Powell Donald Trump Jerome Too Late Powell Interest Rates Chris Larkin Dan Burrows Kiplinger US Federal Reserve Inflation Bureau of Labor Statistics

Federal Reserve Board Chairman Jerome Powell speaking at a podium with the striped portion of the American flag visible to his right.

The July Fed meeting concluded with the central bank's latest policy decision.

The Federal Open Market Committee (FOMC) did not cut interest rates this time around, as expected, despite President Donald Trump's repeated calls for Federal Reserve Chair Jerome Powell to lower the federal funds rate.

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