Urgent: U.S. Fed keeps interest rates unchanged despite pressure from Trump administration-Xinhua

Urgent: U.S. Fed keeps interest rates unchanged despite pressure from Trump administration

Source: Xinhua

Editor: huaxia

2025-07-31 02:33:00

NEW YORK, July 30 (Xinhua) -- The U.S. Federal Reserve on Wednesday kept the target range for the federal funds rate unchanged at 4.25 percent to 4.5 percent, though it faces stark pressure and harsh criticism from the Trump administration.