The Federal Reserve maintains interest rates unchanged for the third time, warning that the risks of high inflation and high unemployment are rising simultaneously

PANews
PANews|May 07, 2025 22:47
According to Jin Shi, at 02:00 Beijing time on Thursday, the Federal Reserve kept interest rates unchanged for the third time, maintaining the target range of the benchmark interest rate at 4.25% -4.50%, which is in line with market expectations and adopting a cautious stance in the increasingly uncertain economic outlook caused by tariff policies. Although the Federal Reserve believes that the overall economy is still expanding steadily, the FOMC issued a rare warning in its post meeting statement that the risks of high inflation and high unemployment are rising simultaneously, making the economic outlook even more uncertain.
+5
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads