Two Trump appointees vote to cut rates as Fed holds steady | NYGazet

The Federal Reserve on Wednesday left its key interest rate unchanged, a widely expected move that comes despite enormous pressure from the Trump administration to lower it.

The Federal Reserve on Wednesday left its key interest rate unchanged, a widely expected move that comes despite enormous pressure from the Trump administration to lower it. The Fed, in a statement announcing the decision, said that economic growth h... [3770 chars]