By Steve Kopack The Federal Reserve held interest rates steady Wednesday, taking a measured, wait-and-see approach to the economy. Sometimes doing nothing is an act of defiance. President Donald Trump has put the Fed and its chairman, Jerome Powell, under intense pressure to lower borrowing costs, despite concerns about inflation. By refusing to cut rates, the central bank’s leaders asserted their independence from the White House. Wednesday’s move comes as Powell and the Fed face a criminal investigation launched by Trump’s close ally Jeanine Pirro, the U.S. attorney for the District of Columbia. Powell has accused the White House of using the probe
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