The next meeting of FOMC, headed by Federal Reserve President Jerome Powell, will be held on 6-7 May.
The US Central Bank, the US Federal Reserve, has once again kept the interest rates stable. Also on Wednesday, on the occasion of this announcement, the Federal Reserve said that it expects weak development and high inflation than before. The decision was seen by President Donald Trump’s announcements to increase tariffs on this decision. Fed also referred to high uncertainty about the effects of White House actions on the economy. According to CNN news, the US Fed Reserve is constantly considering the possibility of cutting two -fourth points this year.
The benchmark interest rate is so much
According to the news, the US Federal Reserve announced its second policy decision of 2025 after a two -day Federal Open Market Committee i.e. FOMC meeting today (on Wednesday as per US time) and voted to keep the benchmark interest rate stable at 4.25 to 4.50 percent. US Fed Policy makers led by Federal Reserve President Jerome Powell cut a quarter points in rates in the last December meeting. The next meeting of the FOMC led by Jerome Powell will be held on 6-7 May in which the monetary policy will be discussed the next phase.
Ready for high inflation and slow growth
Policy makers indicated that they are ready for high inflation and slow growth as a result of President Trump’s policies, which said that this has increased uncertainty about the economic approach. The decision to keep the interest rates from 4.25 percent to 4.5 percent by the central bank further takes forward the implemented stop from January, which occurred after several cuts in the end of 2024, decreasing the cost of borrowing by one percent.
Re -cut rates again depends on it
Experts say when and to some extent the Federal Reserve will finally cut rates again this year, it depends on Donald Trump’s economic plans. This includes the broad tariffs imposed or imposed by them. In Wednesday’s meeting, the central bank marked the most direct acceptance ever ever that the President’s policies are going to have a real impact on the economy.
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