Divided Fed leaves interest rates unchanged despite Trump pressure
by Lauren Aratani from Economics | The Guardian on (#6YZYP)
Two Federal Reserve governors vote against decision as US GDP grows at an annual rate of 3% in second quarter
The US Federal Reserve left its benchmark interest rate unchanged on Wednesday, even amid intense pressure from Donald Trump to lower rates.
Despite an onslaught of attacks from the White House against the Fed, officials at the central bank said that economic uncertainty" remains too high to lower rates.
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