US EditionFed holds rates steady, takes less confident view on inflation
- The Federal Reserve kept its benchmark interest rate unchanged at 4.25%-4.50%, signaling a cautious approach amidst inflation concerns and uncertainty over President Donald Trump's policies.
- Federal Reserve Chair Jerome Powell stated that inflation "remains somewhat elevated" and emphasized the need for more data before making further rate cuts.
- The unemployment rate has stabilized at a low 4.1%, and the Fed noted that the job market is "solid" despite ongoing inflation challenges.
- Kathy Bostjancic, chief economist at Nationwide Financial, indicated that the Fed is unlikely to cut rates again until mid-2025, as they await clearer economic indicators.
352 Articles
352 Articles
U.S. Interest Rate Unchanged: Fed Should Assess How Trump Policies Will Progress
There are strong concerns that the policies of the administration of U.S. President Donald Trump will spur inflation. It is important for the U.S. Federal Reserve Board to manage its monetary policy while keeping an eye on their impact.
Column-Financial conditions undercut Fed’s ‘restrictive’ view: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) – U.S. interest rate cycles are driven largely by how restrictive or accommodative the Federal Reserve thinks monetary policy is. And right now, the picture is confusing. After the Fed kept rates steady on Wednesday, Chair Jerome Powell said policy is still “meaningfully” restrictive, even after 100 basis points of cuts. But he also said that financial conditions are “probably still somewhat accommoda…
Fed holds rates steady, says job market is 'solid'
WASHINGTON — The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to gauge where inflation is headed and…
Powell vs Trump, Round 2: Fed Defies the President - Liberty Nation News
By Andrew Moran The Federal Reserve held its first two-day Federal Open Market Committee (FOMC) meeting of President Donald Trump’s second term in the White House. Fed officials kept interest rates unchanged, leaving the benchmark federal funds rate at a range of 4.25% and 4.5%. Wall Street widely expected the conclusion. Chair Jerome Powell offered little forward guidance […]
Despite US President Donald Trump’s demand for an “immediate” decline in interest rates, the Federal Reserve (Fed) paused the cuts to the price of money and claimed that there is no rush.
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