Fed Holds Rates Steady Amid Inflation Concerns
The Federal Reserve, under the leadership of Chair Jerome Powell, announced on May 7, 2025, that it will keep the benchmark interest rate unchanged at 4.25%–4.50%. This decision aligns with market expectations and reflects the central bank’s cautious approach amid persistent inflation and global economic uncertainties. 📊 Current Economic Indicators 💬 Jerome Powell’s Statement In … Read more