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PBS Newshour

Fed holds interest rates steady despite rocky Trump dynamic

Season 2019 Episode 188 | 5m 12s

The Federal Reserve says it's holding its benchmark interest rate steady, despite ongoing pressure from President Trump to reduce it. But Fed Chairman Jay Powell expressed openness to the idea of cutting rates if economic indicators warrant. He also recently said he intends to serve his full four-year term, despite Trump's criticism of him. Judy Woodruff talks to The Wall Street Journal's Greg Ip.

Major corporate funding for the PBS NewsHour is provided by Care.com, Consumer Cellular, and Fidelity. Funding for the PBS NewsHour Weekend is provided by Mutual of America. For a complete list of funders for the PBS NewsHour and PBS NewsHour weekend, click here.
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