The US bank is the Federal Reserve. People call the bank Fed. The Fed makes a big choice. The rates in the USA stay the same. They stay at 3,5 to 3,75 percent. This happens for the 5th time now.
Experts know this choice before. The new boss of the Fed is Kevin Warsh. He wants stable prices. This is hard because of inflation. Inflation means money loses value. Things cost more for people.
Energy prices go up a lot. This happens because of a war. Oil is very expensive now. Gas costs more money at stations. This makes inflation high in the USA.
US President Donald Trump is not happy. He wants lower rates for a long time. He wants cheap loans. This helps the market. But the Fed decides alone. The Fed has no fear of the president.
Some members want higher rates. 3 of 12 members vote for high rates. They want to stop inflation. But the most members want no change. The rates stay stable for now.
