US EditionThe Fed Cuts US Economic Outlook
- The U.S. Federal Reserve held interest rates steady on June 18, 2025, amid concerns about inflation and slowing growth in Washington, D.C.
- The Fed's decision followed tariffs announced by President Trump in April, which are expected to raise inflation and slow economic growth this year.
- Fed Chair Jerome Powell said tariff effects take time to reach consumers, but prices are beginning to rise, signaling possible stagflation with growth projected to slow to 1.4%.
- Inflation was 2.1% in April and expected to rise beyond 3% in 2025, while unemployment remains at 4.2% but may increase to 4.5%, with at least two rate cuts still considered.
- The Fed's cautious stance amid tariff uncertainties contrasts with President Trump's pressure on Powell to lower rates, suggesting economic risks and political tension ahead.
25 Articles
25 Articles
'Dishonest!' MAGA senator melts down as 'fearmongering' Fed defies Trump
Sen. Bernie Moreno (R-OH) melted down Wednesday after Federal Reserve Chairman Jerome Powell left interest rates unchanged following the latest Federal Open Market Committee meeting. President Donald Trump has pestered Powell to lower interest rates for months, even going so far as to publicly call ...
The US Federal Reserve finds clear words about the foreseeable consequences of President Trump's customs policy. Due to great uncertainty, the Fed wants to wait and see. Loans in the US remain expensive.
‘Trump’s going to lose his mind’: Fed chair tells truth about tariffs
Federal Reserve Chair Jerome Powell set talk about President Donald Trump’s tariffs straight on Wednesday after the central bank kept interest rates steady as officials expect higher inflation and lower economic growth in the coming months.
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