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.

Dissent rises at the Federal Reserve among Trump appointees, but interest rate cut is unlikely It could be the first time in over three decades that two of the seven governors at the Fed dissent.

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