The Federal Reserve (Fed), the central bank of the United States, decided on Wednesday, May 7, 2025, to keep the basic interest rate in the range of 4.25% to 4.50% per year. This is the third consecutive meeting in which the Federal Open Market Committee (FOMC) has chosen not to change interest rates, a decision that was already widely expected by the financial market.
Political pressures: Despite recent pressures from President Donald Trump for cuts in interest rates, the Fed maintained its independent stance, focusing on economic data and the goals of price stability and full employment.