FOMC May 2025 Summary: • 📉 Fed holds rates steady at 4.25%–4.5% • 📊 Economy shrank 0.3% in Q1 • 💸 Inflation at 2.3%, 🧑‍💼 unemployment at 4.2% • ⚠️ Fed warns Trump tariffs may cause stagflation • ⏳ “Wait and see” on future rate cuts • 👀 Markets eye possible July