Washington, United States, Jan 28, 2026 (AFP) - US Fed set to pause rate cuts as it defies Trump pressure

NAMPA / AFP

2026-01-28

The US Federal Reserve is broadly expected to pause its series of interest rate cuts Wednesday, resisting mounting attacks from President Donald Trump, while policymakers await more data on the world's biggest economy. The US central bank lowered rates in each of its last three policy meetings -- bringing them to a range between 3.50 percent and 3.75 percent -- as officials fretted about the cooling jobs market. But solid GDP growth, relatively l......

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Law & Politics

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