US EditionFederal Reserve likely to defy Trump, keep rates unchanged this week
- On April 23, 2025, the Federal Reserve decided to maintain its benchmark borrowing cost at 4.3%, rejecting President Trump’s calls for a rate reduction.
- The decision followed rising uncertainty caused by sweeping tariffs imposed by the Trump administration, which have injected risks of both higher inflation and unemployment into the U.S. Economy.
- Fed Chair Jerome Powell highlighted that maintaining price stability is crucial for sustaining robust employment levels over time, while noting that the effects of tariffs on inflation remain uncertain and are being carefully observed.
- Economists Torsten Slok and Ryan Sweet caution that inflation is expected to increase noticeably in the coming half-year, while ongoing uncertainty hinders hiring, slows economic growth, and raises concerns about higher unemployment.
- The Fed may shift quickly toward cutting rates if economic conditions worsen, but it remains cautious to avoid fueling inflation amid the unsettled trade environment and conflicting pressures.
360 Articles
360 Articles
Times-News
Fed leaves interest as-is
WASHINGTON — The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower borrowing costs, and said the risks of higher unemployment and higher inflation have risen.
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
Coverage Details
Bias Distribution
- 57% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
