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US Federal Reserve holds interest rates steady, defying Trump pressure

✍️ Agence France-Presse 📅 January 28, 2026 07:23 PM ⏱️ 1 min read 🕐 Scraped: January 28, 2026

Summary: The US president had been pushing for cuts at the central bank’s first policy gathering this year.

The US Federal Reserve held interest rates steady on Wednesday at its first policy gathering this year, citing robust economic growth, as the central bank resists President

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Author

Agence France-Presse

Original Publisher

🌍 South China Morning Post

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Published Date

January 28, 2026 at 07:23 PM

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