US Fed set to keep rates steady as officials defend independence

The US Federal Reserve is widely expected to keep interest rates unchanged when it meets in the coming week, holding firm despite President Donald Trump's pressure to slash levels as it guards against threats to its independence. - External pressure - The Fed meets eight times a year to consider interest rate levels, and Michael Pearce of Oxford Economics said the dilemma it faces has eased.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/6GOmM3F