Hi there,

This year commemorates Democracy Now!’s 30th year of independent broadcasting. While there is so much uncertainty about the future of the planet right now, we will keep highlighting the activists, researchers, scholars, scientists, artists and ordinary people working for a more peaceful and just world. Please donate today, so we can keep shining a spotlight on the grassroots movements fighting for democracy and challenging abuses of power around the world. Every dollar makes a difference. Thank you so much!

Democracy Now!
Amy Goodman

Non-commercial news needs your support.

We rely on contributions from you, our viewers and listeners to do our work. If you visit us daily or weekly or even just once a month, now is a great time to make your monthly contribution.

Please do your part today.

Donate

Federal Reserve Votes to Hold Interest Rates Steady, with Two Rare Dissenting Votes

HeadlineJul 31, 2025

The Federal Reserve voted Wednesday to hold interest rates steady, defying pressure from President Trump, who visited the Fed last week to personally lobby for lower rates. In a rare move, two Republicans on the Fed dissented, expressing support for lowering rates. During a press conference, Fed Chair Jerome Powell emphasized the importance of the Fed remaining independent. Trump has repeatedly publicly attacked Powell, calling him a “Total and Complete Moron,” a “numbskull” and a “disaster.”

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top