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

President Trump has sharply criticized Fed Chairman Jerome Powell for refusing to cut interest rates, urging Congress to press Powell on his decision as he testifies this week, while arguing that other central banks have already eased policy and that lower rates would benefit the U.