Fed holds key rate steady, still sees two more cuts this year

US economy is in good place, but Federal Reserve is not

Inflation — according to the Fed's preferred measure — is just 2.1%, almost back to the central bank's 2% target.

Fed rate freeze gives BOK room to maneuver

The Bank of Korea (BOK) will have more room to maneuver in the pace of monetary easing in the coming months, aided by the U.S. Federal Reserve’s fourth consecutive rate freeze, market watchers said Thursday. The Fed holding steady allows the BOK to pay more focus on the trajectory of the Korean currency relative to the U.S. dollar. If the BOK cuts the rate with the Fed pause, the record-widest rate differential between the two countries of 2 per…

Federal Reserve leaves its key rate unchanged

WASHINGTON — Federal Reserve officials expect inflation to worsen in the coming months but they still foresee two interest rate cuts by the end of this year, the same as they projected in March.

Federal Reserve Holds Rates Steady, but Could Cut Them Later This Year

(The Center Square)–Federal Reserve officials agreed to hold interest rates steady on Wednesday but suggested they could cut them later this year. “Despite elevated uncertainty, the economy is in a solid position,” Federal Reserve Chairman Jerome Powell said. Earlier in the day, President Donald Trump again called Powell “not a smart person” and said Powell was “too late” to cut interest rates. The president also said he was looking forward to t…

Analysis-Fed treads carefully, leaving markets anxious about tariff risks

By Davide Barbuscia and Lewis Krauskopf NEW YORK (Reuters) -A cautious Federal Reserve has put a damper on hopes for interest rate cuts, leaving investors on edge as they navigate a murky mix of geopolitical tensions, inflation risks, and looming growth drag from U.S. President Donald Trump’s tariffs. The Fed on Wednesday kept the benchmark interest rate unchanged, as expected. While policymakers reaffirmed that they expected some reduction in b…

US Fed Keeps Benchmark Interest Rate Unchanged

Get latest articles and stories on World at LatestLY. The US Federal Reserve on Wednesday decided to keep benchmark interest rate unchanged at a range of 4.25 to 4.5 percent, amid ongoing trade policy shifts and growing pressure from President Donald Trump, The Hill reported. World News | US Fed Keeps Benchmark Interest Rate Unchanged.