🚨 Breaking: Fed Holds Rates Steady at FOMC 🏛
📢 For the third consecutive time, Fed Chair Jerome Powell and the Federal Reserve have kept US benchmark interest rates at 4.25%–4.5% following the May 6–7 FOMC meeting.
📊 This decision comes despite President Trump’s public push for rate cuts, citing easing inflation. Markets, businesses, and investors now look ahead: will the Fed pivot later this year?
🔑 Key Takeaways:
✅ Rates steady for third straight meeting
✅ Inflation pressures easing, but no cut (yet)
✅ Big questions ahead for US monetary policy