FOMC Kept Rates Steady on Trade Uncertainty But USD Still Higher

As expected, the Fed kept interest rates on hold at 4.25-4.50% during their May decision, citing trade uncertainty and stagflation risks as reasons to stay cautious. 

May 8, 2025 - 04:20
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FOMC Kept Rates Steady on Trade Uncertainty But USD Still Higher

As expected, the Fed kept interest rates on hold at 4.25-4.50% during their May decision, citing trade uncertainty and stagflation risks as reasons to stay cautious.