Economists expect 99% probability that the Fed leaves interest rates unchanged
Headline from UPI
There's a 99% chance the Federal reserve will hold interest rates steady Wednesday as recession fears arise. The Fed decision is the first since new tariffs set off a trade war and stock volatility.
UPI's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
The Fed held rates steady, but left the door open to cut them later this year if inflation continues to ease. Trump's tariffs, however, could complicate efforts to bring prices under control.
There's a 99% chance the Federal reserve will hold interest rates steady Wednesday as recession fears arise. The Fed decision is the first since new tariffs set off a trade war and stock volatility.
As widely expected, the Federal Reserve held its key interest rate steady. Officials are waiting for the economy to send signals about its trajectory amid uncertainty about the effects of President Donald Trump's trade war.
In an economy wracked by uncertainty, one thing seems virtually guaranteed: the Federal Reserve will leave its key interest rate unchanged when the central bank's policy committee meets Tuesday and Wednesday.
The Federal Reserve left its benchmark interest rate unchanged on Wednesday, holding steady at 4.25 percent to 4.5 percent for a second consecutive meeting. | Economy
The Federal Reserve on Wednesday extended its pause on interest rate cuts as President Trump's back-and-forth tariffs fuel market volatility and doubts over the US economy.
The Federal Reserve announced that it will leave a key interest rate unchanged for the second consecutive meeting amid uncertainty over inflation, the labor market and tariffs' impact.
WASHINGTON (AP) — The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates twice this year,
