US Fed, July 31 -- The US Federal Reserve's Federal Open Market Committee (FOMC), headed by Chairman Jerome Powell, on Wednesday, 30 July 2025, decided to keep the key benchmark interest rates unchanged at a range of 4.25-4.5%, as per the official announcement. This comes amid intense pressure from US President Donald Trump to cut the lending rates for the people of the nation.

The July 2025 policy outcome marked the fifth consecutive time that the US central bank has decided to hold the lending rates since January 2025. Ever since US President Donald Trump took over the White House, the administration has been asking for a rate cut. However, the Fed seems to have a different plan mapped out for the nation.

1. Rates Held Unchanged: The ...