US Federal Reserve holds interest rates steady despite political pressure

The US Federal Reserve has held interest rates steady as expected, after three consecutive cuts last year. But Chairman Jerome Powell avoided questions about his claims that President Trump is putting pressure on him to cut rates. Al Jazeera’s Shihab Rattansi reports from Washington, DC. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on X: https://x.com/ajenglish Find us on Facebook: https://www.facebook.com/aljazeera Check our website: https://www.aljazeera.com Check out our Instagram page: https://www.instagram.com/aljazeeraenglish Download AJE Mobile App: https://aje.io/AJEMobile #JeromePowell #DonaldTrump #FederalReserve #USMonetaryPolicy #USEconomy #USEconomicPolicy #InterestRates #Inflation #CentralBank #USPolitics #FinancialMarkets #AlJazeeraEnglish