US EditionFed holds key rate steady, still sees two more cuts this year
- On Wednesday, the Federal Reserve held its key interest rate steady at 4.25%-4.50%, marking the fourth consecutive meeting without a change.
- The Fed maintained rates amid uncertainty about the economic impact of tariffs President Trump announced on April 2 and concerns over inflation dynamics.
- Fed officials stated economic activity remained solid despite slowing growth projections to 1.4% this year and inflation forecasts rising to 3%.
- President Trump repeatedly criticized Fed Chair Powell, calling him "stupid" for not cutting rates, arguing that mild inflation justifies lower borrowing costs.
- The Fed projects two interest rate cuts this year while expecting higher inflation, weaker growth, and rising unemployment to 4.5%, reflecting cautious policy amid persistent risks.
123 Articles
123 Articles
US Fed Keeps Benchmark Interest Rate Unchanged
Get latest articles and stories on World at LatestLY. The US Federal Reserve on Wednesday decided to keep benchmark interest rate unchanged at a range of 4.25 to 4.5 percent, amid ongoing trade policy shifts and growing pressure from President Donald Trump, The Hill reported. World News | US Fed Keeps Benchmark Interest Rate Unchanged.
America First Report
Uncanceled NewsFederal Reserve Holds Rates Steady, but Could Cut Them Later This Year
(The Center Square)–Federal Reserve officials agreed to hold interest rates steady on Wednesday but suggested they could cut them later this year. “Despite elevated uncertainty, the economy is in a solid position,” Federal Reserve Chairman Jerome Powell said. Earlier in the day, President Donald Trump again called Powell “not a smart person” and said Powell was “too late” to cut interest rates. The president also said he was looking forward to t…
Analysis-Fed treads carefully, leaving markets anxious about tariff risks
By Davide Barbuscia and Lewis Krauskopf NEW YORK (Reuters) -A cautious Federal Reserve has put a damper on hopes for interest rate cuts, leaving investors on edge as they navigate a murky mix of geopolitical tensions, inflation risks, and looming growth drag from U.S. President Donald Trump’s tariffs. The Fed on Wednesday kept the benchmark interest rate unchanged, as expected. While policymakers reaffirmed that they expected some reduction in b…
Fed Chair Jerome Powell Again Refuses To Cut Rates, Ignores President Trump * 100PercentFedUp.com * by M Winger
Fed Chair Jerome Powell's decision to maintain interest rates has sent shockwaves through the economy, raising questions about his independence and strategy. Dive into the implications of this controversial move and what it means for everyday Americans.
The Billings Gazette
Beatrice Daily SunFed leaves key rate unchanged
WASHINGTON — Federal Reserve officials expect inflation to worsen in the coming months but they still foresee two interest rate cuts by the end of this year, the same as they projected in March.
Fed leaves key rate unchanged, awaiting tariff effects
The Federal Reserve kept its key rate unchanged Wednesday as it waits for additional information on how tariffs and other potential disruptions will affect the economy this year. The Fed’s policymakers signaled they still expect to cut rates twice this…
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