**Summary:** The Federal Reserve has opted to maintain current interest rates, despite public statements from President Donald Trump urging for a reduction. This decision comes as the Federal Reserve signals the possibility of up to two rate cuts within the year, indicating a responsive approach to potential economic changes. Policymakers have also adjusted their inflation projections upward, reflecting the influence of ongoing trade policies, such as tariffs. This adjustment is in response to the dynamic economic environment, which has also led to a revision of economic growth forecasts. The Federal Reserve’s choices illustrate a balancing act between managing monetary policy effectively and addressing external economic pressures, such as those introduced by trade strategies and anticipated global economic trends. Further assessments and policy adjustments by the Federal Reserve are expected as economic conditions evolve.
Federal Reserve holds interest rates, defying Trump’s demand to lower them
**Headline:** Federal Reserve Maintains Interest Rates Despite Pressure for Reduction