#FOMCMeeting

Fed Keeps Rates Unchanged for Third Straight Meeting, Cites Inflation Concerns

Aligning with market predictions, the Federal Reserve has decided to hold the federal funds rate at its current target of 4.25% to 4.5%. This is the third consecutive meeting the Fed has opted against a rate change, following steady decisions in January and March. Prior to this, rates were cut in September, November, and December 2024.  

Despite calls from President Trump to lower rates, the Fed maintains that inflation remains "somewhat elevated." The central bank also cited increased economic uncertainty, partly attributed to recent tariff implementations, and rising risks to both employment and price stability as key factors in their decision to hold rates steady.  

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