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The Federal Reserve announced that it is leaving a key interest rate unchanged amid uncertainty over inflation and the labor market amid trade turmoil due to tariffs.
The Federal Reserve held interest rates steady at 4.25% to 4.50% for the third time this year.
Despite pressure from President Donald Trump to slash interest rates, the Federal Reserve was expected to stick to its wait-and-see approach.
The European Central Bank (ECB) cut its interest rate by 25 basis points to 2.25% on Thursday, amid market volatility triggered ... while a 90-day pause in EU-US tariff retaliation ...
US Fed Meeting Highlights: The US Fed decided to keep the key benchmark interest rates unchanged at the range of 4.25% to 4.5% on Wednesday, May 7, 2025, amid global uncertainty caused ...
In keeping with its mandate, the Fed prefers inflation to rise by 2% and for the labor market to ... the FOMC changed interest rates, the size of each rate change in basis ...
Fed Governor Christopher Waller said in a Bloomberg interview he’d support rate cuts in the event aggressive tariff levels hurt the labor market ... percentage point cut at the Fed's ...
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