Federal Reserve leaves interest rates unchanged at 4.25% - 4.50% 📊

Key points from Fed Chair Powell's press conferene:

Risks of higher unemployment & inflation have risen Fed Chair Jerome Powell says "inflation has come down a lot"

If tariffs are not lowered, it could lead to "higher inflation, slower economic growth and higher unemployment".

The US economy is "resilient" and "doing pretty well".

We won't make progress on our goals this year if the tariffs stay in place.

so far it looks like Feds have decided to play politics and won't listen to Trump's pleas to drop rates right away