Fed Holds Rates Steady, Signals Cautious Outlook on Inflation
In a significant move, the Federal Reserve has decided to hold the benchmark interest rate steady, signaling caution among officials. Fed Chair Jerome Powell addressed concerns over potential inflation and unemployment impacts caused by tariffs. The decision reflects the Fedโs careful approach in navigating economic conditions while monitoring inflation trends. As the economic landscape evolves, this stance indicates the Fed’s commitment to maintaining stability, making it essential for investors to stay informed on future developments.