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Fed expected to keep rates on hold despite cool inflation reading
A cooler inflation reading from the month when President Trump's tariffs went full blast likely won't shake the Federal Reserve's stance of holding interest rates steady. The reason: Policymakers still expect price increases later in 2025.
New York Post on MSN2h
Fed’s preferred inflation gauge cools to lowest level since September — calming rattled marketsEconomists and some business executives have warned that prices will likely head higher as Trump’s widespread tariffs take ...
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Federal Reserve officials were worried about the possibility that higher inflation resulting from the White House trade ...
U.S. Federal Reserve policymakers could still cut interest rates twice this year as they projected in March, San Francisco ...
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