Reported 2 days ago
The Federal Reserve has indicated that it will keep short-term interest rates unchanged as it observes the ongoing inflation trends and labor market conditions. Despite traders betting on future rate cuts due to economic contraction and stagnant inflation, the Fed remains cautious of elevated inflation rates and potential economic slowdown caused by tariffs. The current data suggests a solid economic activity, but analysts warn of possible stagnation ahead if trade policies persist.
Source: YAHOO