The Federal Reserve, under Jerome Powell, held steady the benchmark interest rate, amidst concerns about balancing maximum employment and controlling inflation near the 2% target. The Fed will closely monitor incoming data and evolving outlook while reducing its holdings of Treasury securities.
May 07, 2025 at 11:34PM
from Times of India
https://ift.tt/Y9Omikb
Fed holds rates steady at 4.25–4.5% in Powell-led meet
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