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Federal Reserve Holds Interest Rates Steady – The Presidential Prayer Team

Summary by presidentialprayerteam.org
Chairman says panel needs to “wait to learn more” about economy direction. Federal Reserve Chair Jerome Powell announced Wednesday that the central bank will continue to hold its…
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The US Federal Reserve announced on Thursday that it will keep its benchmark interest rate unchanged, despite the increasing inflationary pressures resulting from the new economic package implemented by the Trump administration. The decision, which surprised some analysts, seeks to sustain stability in an environment of high fiscal and geopolitical uncertainty. Fed President Jerome Powell stated that although the indicators show signs of economi…

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CBT Automotive Network broke the news in on Friday, June 20, 2025.
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