Jerome Powell and the Federal Reserve Hold Interest Rates Steady as Inflation Remains Above 2%

Jerome Powell and the Federal Reserve Hold Interest Rates Steady as Inflation Remains Above 2%

In a pivotal move that has drawn attention from both Wall Street and Washington, Federal Reserve Chairman Jerome Powell announced that the U.S. central bank will hold interest rates steady, despite continued pressure from President Donald Trump to lower them further. The decision comes as inflation remains above the Fed’s target of 2%, sparking a […]