Two Officials Dissent as Fed Leaves Rates Unchanged

WSJ What’s News

The Wall Street Journal

News, Daily News

4 • 4K Ratings

🗓️ 30 July 2025

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

P.M. Edition for July 30. As was widely expected, the Federal Reserve held rates steady for a fifth straight meeting. But in a rare move, two officials disagreed with the decision. WSJ investing columnist Spencer Jakab joins to discuss why, and what the Fed might be paying attention to ahead of its next meeting in September. Plus, President Trump announces new tariff rates for Brazil and India, and says he won’t extend the Aug. 1 deadline for countries to make trade deals with the U.S. And Amazon will pay the New York Times at least $20 million annually to license its content to train artificial intelligence. We hear from WSJ reporter Alexandra Bruell about the significance of that deal. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Some people think investing is a test of endurance.
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0:11.2	who will make it feel less like a marathon you haven't trained for
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0:18.5	Search HSBC Financial Advice.
0:20.7	HSBC UK, opening up a world of opportunity.
0:23.9	Capital at risk. HSBC UK current account holders only £100,000 investments or savings required for the advice service, eligibility and fees apply.
0:33.3	Two Fed officials disagree with the decision to leave interest rates unchanged.
0:38.3	Should Jerome Powell be worried?
0:40.0	I don't think that he's under any pressure at all.
0:43.2	There was really, there was more drama last week when President Trump toured the Fed building,
0:48.8	which was undergoing renovation project, than today.
0:52.1	Plus, how Trump's tax mega law has reshuffled the incentives for donating to charity.
0:57.9	And what Amazon's deal with the New York Times may mean for AI licensing.
1:02.8	It's Wednesday, July 30th.
1:04.9	I'm Alex Oslo for the Wall Street Journal.
1:06.9	This is the PM edition of What's News, the top headlines and business stories that
1:12.2	move the world today.
1:18.6	As was largely expected, the Federal Reserve left interest rates unchanged for its fifth
1:23.5	straight meeting. The decision came following news this morning from the Commerce Department
	...

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