Jerome Powell

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 a press conference following the FOMC meeting, Chair Jerome Powell emphasized the Fed's commitment to its dual mandate: promoting maximum employment and stabilizing prices. He noted that while the labor market