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Trump calls Fed's Powell a 'fool' after central bank holds interest rates steady

FOXNews.com Thursday, 8 May 2025 ()
The Federal Reserve kept interest rates unchanged at its latest meeting this week, leaving the benchmark federal funds rate at a range of 4.25% to 4.5%.
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News video: Bank of England cuts interest rates to 4.25%

Bank of England cuts interest rates to 4.25% 00:32

The Bank of England has cut interest rates from 4.5% to 4.25%. Shadow chancellor Mel Stride reacted to the news, claiming Labour's policies have prevented higher cuts to interest rates. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at...

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Federal Reserve Federal Reserve Central banking system of the US

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