Federal Reserve expected to cut interest rates amid Trump pressure – live updates - short news
Decision due amid concerns about political influence at independent central bank – with Trump aide sworn in as governor and Lisa Cook fighting removal
The US Federal Reserve is expected to announce the first interest rate cut since December as a two-day policy meeting nears its end.
The Fed started the meeting on Tuesday, hours after Donald Trump’s new appointee narrowly won confirmation to join the central bank – while Fed governor Lisa Cook continues to fight her removal..
source: The Guardian - 17.09.2025