Thu, 08 May 2025 06:43:54 GMT
Federal Reserve Holds Interest Rates Steady
On Wednesday, the Federal Reserve announced that it will keep its interest rate unchanged at 4.5%, marking the third consecutive meeting without a rate change. The decision reflects the Fed's cautious approach as it weighs mixed signals from the economy.
Despite calls from President Donald Trump to lower rates, the central bank held firm, pointing to rising risks of both inflation