US Fed keeps interest rates unchanged for fifth straight meeting | AFP
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AFP News AgencyPublished at:
7/30/2025Views:
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The US Federal Reserve keeps interest rates unchanged for a fifth consecutive policy meeting, defying strong political pressure from President Donald Trump to slash borrowing costs—although divisions emerged among policymakers. "We believe that the current stance of monetary policy leaves us well‑positioned to respond in a timely way to potential economic developments," Fed Chair Jerome Powell tells reporters in Washington, DC.
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Fed Chair Powell met with Trump at the White House
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