The Federal Reserve has decided to maintain interest rates for the fourth time in 2025 amid economic uncertainty influenced by President Trump's trade policies. Fed Chair Jerome Powell stated the bank is monitoring the effects of tariffs on the economy, suggesting that any future potential rate cuts depend on evolving economic conditions. The FOMC had previously considered cutting rates twice in 2025 but is cautious due to fluctuating inflation rates and labor market indicators. Rising inflation was noted at 2.4%, alongside strong but slowing job growth and fluctuating consumer sentiment due to tariff effects.
The Federal Reserve holds interest rates steady for the fourth consecutive time in 2025, signaling caution due to potential impacts from Trump's ongoing trade policies.
Fed Chair Jerome Powell emphasizes the central bank's wait-and-see approach regarding interest rates, directly linking economic decisions to Trump’s fluctuating tariffs on trade.
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