US Federal Reserve pauses rate cuts, angering Trump

America's central bank has held its main interest rate steady as President Donald Trump's trade policies threaten to rekindle inflation in the world's largest economy. The Federal Reserve resisted pressure from Trump to continue with cuts, in its first rate decision since his return to office. Also in this edition: France's GDP shrinks 0.1 percent in the last quarter of 2024 amid a budgetary impasse in parliament.

Jan 30, 2025 - 18:00
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US Federal Reserve pauses rate cuts, angering Trump
America's central bank has held its main interest rate steady as President Donald Trump's trade policies threaten to rekindle inflation in the world's largest economy. The Federal Reserve resisted pressure from Trump to continue with cuts, in its first rate decision since his return to office. Also in this edition: France's GDP shrinks 0.1 percent in the last quarter of 2024 amid a budgetary impasse in parliament.
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