The Federal Reserve is expected to leave its short-term interest rate unchanged on Wednesday for the fifth straight meeting, a move that will likely underscore the deep divide

President Trump says his Thursday meeting with Federal Reserve Chairman Jerome Powell was “good,” despite their bickering over the cost of the of renovations to the Fed’s headquarters. “And I got that to mean that I think he’s going to start recommending lower rates,

Trump, standing alongside Powell in a matching hard hat, told reporters that construction costs for the building had gone up by almost half a billion dollars, from US$2.7 billion to $3.1 billion, leading Powell to shake his head in disapproval before saying,