Inflation fell to 2.3% in April. The Fed is keeping rates steady at 4.25%-4.5% as new tariffs fuel inflation risks, prompting a cautious wait-and-see approach.
All posts tagged Interest rates
The Fed keeps interest rates unchanged as inflation “remains somewhat elevated”
The Federal Reserve keeps its interest rate unchanged, maintaining its target range at 4.25% to 4.5%. When the Fed sets a target for interest rate, it commits itself to adjusting the money supply. To lower the Fed Funds rate, the Fed’s bond trades buy government bonds, increasing the money supply which in turn lowers the…
The Future of the Federal Reserve under Trump
The Fed’s interest rate decision on Thursday coincides with the electoral victory of Donald Trump, who won both the popular and Electoral College votes in a strong political comeback in U.S. history, with promises of lowering inflation.
IMF forecasts rising unemployment in U.S. and Canada in 2025
The IMF forecasts rising unemployment rates in 2024 and 2025 for G7 countries, driven by significant increases in the U.S. and Canada, despite initial declines since the 2020 pandemic.