#FOMCMeeting Rates Held Steady
The Fed decided to keep the federal funds rate at 4.25%–4.50%, marking the fifth consecutive meeting without change .
Despite mounting pressure from the Trump administration, Chair Powell maintained a cautious, data-dependent stance, emphasizing elevated uncertainty about inflation and trade impacts .
👥 Rare Dissent from Governors
For the first time in over 30 years, two Fed governors dissented: Michelle Bowman and Christopher Waller voted in favor of a quarter-point rate cut .
The dissenters argued slowing GDP growth and weak investment signal risks to the labor market, favoring easing .