The Fed stays focused on inflation and employment, with no rate cuts expected soon. Check out my analysis on Fed policy and where interest rates may be headed.

This disappointed many Americans, including President Donald Trump, who has been slamming Powell with a vast variety of vile vindictiveness for keeping interest rates steady for a

Trump claimed that Americans will be paying for Powell’s “incompetence” for years to come, while the FOMC has maintained it needs greater clarity before lowering the base rate.