Fed holds key rate steady, still sees two more cuts this year
- On Wednesday, the Federal Reserve held its main policy rate steady at a range of 4.25% to 4.50%, marking the fourth consecutive meeting without a rate change.
- This decision came after inflation, measured by the Fed’s preferred indicator, fell to 2.1% in April, marking its lowest level since September of the previous year, alongside downgraded GDP growth projections for 2025.
- Federal Reserve officials projected a median of two 0.25 percentage point reductions in interest rates during 2025 but stressed that the dot plot reflects forecasts rather than firm commitments.
- The chances of holding rates steady were 99.9% according to CMA Group's FedWatch tool, while Powell reassured investors the data showed a solid but cloudier picture.
- The Fed’s wait-and-see stance and planned economic data releases could influence markets amid ongoing uncertainties from tariffs and geopolitical tensions.
251 Articles
251 Articles
Despite President Trump's demands, Fed holds the key interest rate stable. Currently, it is between 4.25 and 4.5 percent. A forecast shows lower economic growth and higher inflation.
Federal Reserve Once Again Holds Rates Steady Despite Pressure From Trump
by Ireland Owens at CDN - The Federal Reserve announced Wednesday in its fourth meeting of 2025 that it would continue to hold interest rates steady. The Fed’s decision to maintain its target range at 4.25% to 4.5% met economists’ expectations. The central bank similarly decided to hold interest rates steady in its previous three meetings of 2025. President Donald Trump … Click to read the rest HERE-> Federal Reserve Once Again Holds Rates Stead…
Fed keeps US rates unchanged in face of Trump criticism
WASHINGTON - The US Federal Reserve held interest rates steady for a fourth consecutive meeting Wednesday, forecasting higher inflation and cooler growth this year as President Donald Trump’s tariffs begin to take hold and geopolitical uncertainty swirls.
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Bias Distribution
- 55% of the sources are Center
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