The Federal Reserve is leaving its key short-term interest rate unchanged for the fifth time this year, brushing off repeated calls from President Donald Trump for a cut.

The Federal Reserve is leaving its key short-term interest rate unchanged for the fifth time this year, brushing off repeated calls from President Donald Trump for a cut.

Federal Reserve leaves interest rates unchanged even as Trump demands cuts Chair Jerome Powell has said the Fed would likely have cut rates already if not for Trump’s sweeping tariffs.

The Federal Reserve is expected to leave interest rates unchanged due to uncertainty surrounding President Trump's tariffs.

Treasuries broadly held on to the prior day’s strong gains ahead of the Federal Reserve’s monetary-policy outcome and a closely-watched quarterly refunding announcement.