Reported about 18 hours ago
The Federal Reserve maintained interest rates during its latest meeting but noted heightened risks of rising inflation and unemployment, complicating the economic outlook as it navigates the effects of tariffs imposed by the Trump administration. While the economy continues to show solid growth, Fed Chair Jerome Powell emphasized a cautious approach, indicating the need to monitor data for potential impacts from these trade policies. Analysts suggest the Fed may delay rate cuts further into the year, depending on how inflation and employment trends develop in response to changing economic conditions.
Source: YAHOO