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Al Jazeera

Andy Hirschfeld

US Fed leaves interest rates unchanged amid economic uncertainty

Donald Trump US Federal Reserve Jerome Powell United States Interest Rates

US President Donald Trump doubled down on his criticisms of US Fed Chair Jerome Powell saying that he was 'too late' on making rate cuts [File: Mark Schiefelbein/AP]

The United States Federal Reserve has left its benchmark rate unchanged despite mounting pressure from President Donald Trump to cut rates.

On Wednesday, the Fed said it will leave its short-term rate steady at 4.25 percent to 4.5 percent.

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Top stories on inkl right now

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Emiliano Andrade-Covarrubias, a Mexican permanent resident, died in ICE custody in Laredo, Texas. His daughter alleges staff withheld medication, while ICE says he received appropriate care.

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One subscription that gives you access to news from hundreds of sites

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Stranded Iranian tankers, American pressure: Why Sri Lanka faces a difficult choice

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Florida woman accused of fatal hit-and-run takes damaged car to dealership where she works. Her coworker’s suspicions reportedly lead to her arrest

There was still blood and human tissue smeared across the car.

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