US interest rates on hold despite Trump demands to cut
There's more evidence that Donald Trump's campaign of tariffs is clouding the economic outlook in the United States.
The US Federal Reserve has once again defied Mr Trump by not cutting interest rates worried the tariffs war could stoke inflation and hurt the US labour market at the same time.
Also National Australia Bank CEO Andrew Irvine warns expected rate cuts in Australia risk stoking house prices.
Analysis by the ABC's Peter Ryan.
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