The rate-setting Federal Reserve did not heed Trump’s insistence last week demanding “interest rates drop immediately.”

The Federal Reserve is nearly certain to keep its key interest rate unchanged at its policy meeting this week, just a few days after President Donald Trump said he would soon demand lower rates.

Central bank policymakers are widely expected to stand pat on interest rates. Investors await further details from Fed Chair Jerome Powell’s press conference.

Fed’s hawkish stance and potential reduction in rate cuts for 2025 have unsettled markets. Read more on market expectations, the Federal Reserve, and Trump 2.0.

Keith Buchanan, senior portfolio manager and partner at Globalt Investments, said that the timing of Trump's tariff policy "really complicates things" for the U.S. Federal Reserve as it looks to "the end zone" in its fight against inflation.

US President Donald Trump said the Federal Reserve was right to pause its rate-cutting path in its decision last week, a break from his penchant for calling for lower rates.

President Donald Trump commended the Federal Reserve for its decision last week to leave interest rates unchanged. "Holding the rates at this point was the right thing to do," he told reporters. President Donald Trump approved the Federal Reserve for its decision last week to leave interest rates unchanged,

Donald Trump said Sunday the Federal Reserve was right to keep interest rates unchanged, a new comment that comes as Fed watchers gauge the effect the president's new tariff plans will have on monetary policy.