US EditionFed holds key rate steady, still sees two more cuts this year
- During its June gathering in Washington, the Federal Reserve maintained its benchmark interest rate within the 4.25% to 4.50% range.
- The decision followed economic data showing a stable economy amid diminished but still elevated uncertainty, with markets anticipating no change.
- Fed officials projected slower GDP growth at 1.4% and higher inflation near 3% for 2025 while maintaining a median forecast of two quarter-point rate cuts this year.
- Fed chair Jerome Powell reassured investors the data painted a solid picture despite geopolitical tensions and inflation risks, stating uncertainty remained and the Fed stays in wait-and-see mode.
- The steady rate and forecasted cuts suggest cautious policy aiming to balance growth and inflation amid trade volatility and Middle East conflicts.
256 Articles
256 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…
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thedailyeconomy.orgFed Holds Rates Steady Amid Economic Uncertainty
Yesterday, the Federal Reserve’s monetary policy committee kept the target range for its policy interest rate at 4.25 to 4.5 percent, unchanged since December 2024. The decision came as no surprise to market participants who, despite President Trump’s recent clamor for rate cuts, widely expected the Fed to hold steady amid ongoing economic uncertainty. At the post-meeting press conference, Fed Chair Jerome Powell said the committee continues to…
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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- 54% of the sources are Center
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