BALDWIN: Just in, the Federal Reserve announcing it will keep interest rates as they are, and by doing so, risk angering President Trump, as we well know, who wants them to cut the rates even more. CNN business correspondent, Alison Kosik, is there at the New York Stock Exchange. Alison, what did the Fed chief just say?</s>ALISON KOSIK, CNN BUSINESS CORRESPONDENT: You know, you think of that bell that rings during an actual fight, a boxing fight? I think I almost heard that bell ring when the Fed came down with its decision to keep rates unchanged. Meaning, get ready for another round of Donald Trump versus Jay Powell. Another round of bitter tweets from President Trump trying to push the Fed to continue cutting rates. Because Donald Trump wants to see rates go to zero because that would wind up juicing the economy. But the reality is the Fed's already cut rates three times this year and it doesn't seem to be in any rush to cut further. It has said, though, that the reason to cut further would have to be for a material change in the economy or maybe we could see a trade war between the U.S. and China ramp up. Meantime, hard to justify. Look at economy. It's strong. The jobs market's on fire. Consumers continue spending. Even GDP is holding its own at 2 percent. Nowhere near President Trump's estimation of 4 percent, what he was targeting -- Brooke?</s>BALDWIN: I hear the bell. Alison Kosik, thank you very much. We'll get to more from Capitol Hill. The Justice Department inspector general debunking GOP conspiracy theories and is being questioned right now on Capital Hill. We'll have that for you. Also, why the president says, quote, "a regular president would go home to his mommy" -- a direct quote, folks -- if faced with impeachment like him.
Fed Leaves Rates Alone as Trump Pushes for More Cuts