US EditionFederal Reserve likely to defy Trump, keep rates unchanged this week
- During its April 23, 2025 meeting, the Federal Reserve held its benchmark interest rate steady at 4.3%, choosing not to lower borrowing costs despite pressure from President Trump.
- This decision reflects risks rising for both higher inflation and unemployment, largely due to sweeping tariffs imposed by Trump that created economic uncertainty.
- The Fed aims to balance its goals of price stability and maximum employment while monitoring the tariffs impact, especially a 145% duty on Chinese imports linked to inflation and job risks.
- Chair Jerome Powell emphasized that tariffs have dampened sentiment but not yet harmed the economy, and that future policy will depend on economic data and which risk worsens most.
- The Fed's cautious stance, amid unclear inflation rises from tariffs, signals potential rate cuts later this year, while Trump intends to appoint a new Fed chair when Powell's term ends in May 2026.
294 Articles
294 Articles
Business - US Federal Reserve keeps rates unchanged despite pressure from Trump
As widely expected, the US Federal Reserve has kept its benchmark interest rate unchanged despite pressure from President Donald Trump. Fed chair Jerome Powell warned the risks of higher inflation and…
No rate cuts expected from US Fed facing 'unfavorable' conditions
WASHINGTON, United States — The US Federal Reserve faces a tough choice Wednesday as it contends with President Donald Trump’s tariff rollout: Prioritize tackling inflation by holding interest rates high, do nothing, or stimulate growth and employment by cutting them? Analysts and investors overwhelmingly think the Fed will choose to sit tight, preferring to wait
Upcoming Federal Reserve meetings schedule and what to expect in June
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Federal Reserve Holds Interest Rates Steady Despite Pressure From Trump
(DCNF)—The Federal Reserve announced Wednesday in its third meeting of 2025 that it would continue to hold interest rates steady. The central bank’s decision to maintain its target range at 4.25% to 4.5% met expectations. The Fed similarly held rates steady in March and January. The Fed’s announcement comes after the consumer price index, a broad measure of the price of everyday goods, decreased 0.1% in March, the Bureau of Labor Statistics repo…
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