New Delhi, January 29: The US Federal Reserve on Wednesday voted to keep interest rates unchanged, pausing its rate cut cycle after three consecutive reductions late last year. Next Fed Chair: US President Donald Trump Says He Has Made His Choice To Lead the Federal Reserve and Will Announce It ‘Soon’. Stocks Fall on Wall Street After Federal Reserve Chair Jerome Powell Says ‘Donald Trump Trying to Undermine the Fed’s Independence’. Fed Independence in FocusThe meeting came amid heightened political scrutiny of the Federal Reserve. President Donald Trump has repeatedly criticized the central bank for not cutting interest rates more aggressively.