The US Federal Reserve has left its benchmark interest rate unchanged, due to stubbornly high inflation.

US President Donald Trump has voiced his disapproval with this move and accused the central bank of mishandling the economy.

NZ Herald business editor at large Liam Dann unpacks this result - and explains why it's unsurprising rates were left on hold.

LISTEN ABOVE

The US Federal Reserve has left its benchmark interest rate unchanged, due to stubbornly high inflation.
US President Donald Trump has voiced his disapproval with this move and accused the central bank of mishandling the economy.
NZ Herald business editor at large Liam Dann unpacks this result - and explains why it's unsurprising rates were left on hold.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Liam Dann: NZ Herald business editor at large on the US Federal Reserve leaving rates on hold

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/1aabe6c9-eb33-453b-85a1-b27500747247/transcript