Fed Holds Rates Steady-But What’s Next? Powell Keeps Markets Guessing After FOMC Meeting
The Federal Reserve left its benchmark interest rate unchanged at 4.25% to 4.5% after today’s FOMC meeting, defying pressure from President Trump for immediate rate cuts Fed Chair Jerome Powell emphasized ongoing economic uncertainty, citing mixed signals from inflation and the labor market, as well as the impact of recent tariffs Despite calls from the White House to lower rates, the FOMC’s unanimous decision signals a cautious, wait-and-see approach. Powell reiterated the Fed’s commitment to monitoring incoming data and adjusting policy if risks to employment or inflation...
