The Fed keeps interest rates steady as Powell warns that economic uncertainty is 'extremely elevated'

The Federal Reserve said Wednesday that it would keep interest rates steady at 4.25-4.5%, as the central bank continues to work to balance persistent inflation concerns with signs of a slowing U.S. economy.Read more...

May 7, 2025 - 20:41
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The Fed keeps interest rates steady as Powell warns that economic uncertainty is 'extremely elevated'

The Federal Reserve said Wednesday that it would keep interest rates steady at 4.25-4.5%, as the central bank continues to work to balance persistent inflation concerns with signs of a slowing U.S. economy.

Read more...