Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times
International Business Times
Business

US Fed Expected To Hold Rate Steady Despite Trump Pressure To Cut

US President Donald Trump has criticized Fed chair Jerome Powell, seen in December 2024, recently suggesting that he knew more about interest rates than Fed officials (Credit: AFP)

After three interest rate cuts in a row, the US Federal Reserve is expected to take a breather on Wednesday and signal it will remain on pause until the data changes, despite pressure to cut from President Donald Trump.

Analysts expect the Fed to do nothing this week as it waits to see which policies the new Trump administration approves and how they might affect the U.S. economy.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.