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Fed keeps interest rates unchanged despite Donald Trump pressure

Business Matters

The Federal Reserve chairman Jerome Powell said America's central bank would leave its key interest rate unchanged because of tariff 'uncertainty'.

The Federal Reserve chairman Jerome Powell said America's central bank would leave its key interest rate unchanged because of tariff 'uncertainty'. We hear from Gary Schlossberg, a global strategist for Wells Fargo Investment Institute and a former researcher at US Treasury and Federal Reserve.

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50 minutes

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Thu 8 May 2025 00:06GMT

BBC World Service & Live News

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Thu 8 May 2025 00:06GMT

BBC World Service & Live News

Business Matters

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