Friday, 31 Oct 2025
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
logo logo
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
  • đŸ”¥
  • Trump
  • VIDEO
  • House
  • White
  • ScienceAlert
  • Trumps
  • Watch
  • man
  • Health
  • Season
Font ResizerAa
American FocusAmerican Focus
Search
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
Follow US
© 2024 americanfocus.online – All Rights Reserved.
American Focus > Blog > World News > The Fed is set to hold rates steady amid tariff uncertainty : NPR
World News

The Fed is set to hold rates steady amid tariff uncertainty : NPR

Last updated: May 7, 2025 2:06 am
Share
The Fed is set to hold rates steady amid tariff uncertainty : NPR
SHARE



Federal Reserve Chair Jerome Powell and his colleagues are expected to keep interest rates unchanged Wednesday. President Trump has criticized the central bank for not lowering rates.

Kevin Dietsch/Getty Images


hide caption

toggle caption

Kevin Dietsch/Getty Images

The Federal Reserve is likely to hold interest rates steady later on Wednesday amid fears that President Trump’s tariffs will rekindle inflation and slow economic growth.

The decision to keep the Fed’s benchmark borrowing rate between 4.25% and 4.5% is widely expected by financial markets despite the president’s repeated demands for the Fed to lower interest rates.

Since the central bank’s last rate-setting meeting in March, Trump has imposed 10% tariffs on nearly everything the U.S. imports, along with 145% import taxes on goods from China. On average, Americans are now paying higher taxes on imported products than at any time since at least the 1930s, when a global trade war deepened the Great Depression.

“The level of the tariff increases announced so far is significantly larger than anticipated,” Fed Chair Jerome Powell told the Economic Club of Chicago last month. “The same is likely to be true of the economic effects, which will include higher inflation and slower growth.”

Trump pressures the Fed

Trade tensions have led to a sharp drop in consumer confidence. But they’ve yet to put much of a dent in the job market. Hiring in April was down only slightly from the month before.

See also  Sen. Chris Murphy Explains How Trump Set Up Zelenskyy For Ambush To Help Putin

Inflation was also fairly tame in the month leading up to the new tariffs. Prices in March were up 2.3% from a year ago, according to the Fed’s preferred inflation yardstick.

Trump highlighted the recent drop in gasoline prices as he called on the Fed to cut interest rates.

“Energy down, mortgage rates down, employment strong, and much more good news,” the president wrote in a social media post last week. “NO INFLATION, THE FED SHOULD LOWER ITS RATE!!!”


TAGGED:FedHoldNPRratessetsteadyTariffUncertainty
Share This Article
Twitter Email Copy Link Print
Previous Article Apex Legends Sparrow Mirage combo creates game-breaking bug Apex Legends Sparrow Mirage combo creates game-breaking bug
Next Article Fentanyl busts saved 258 million lives? Experts say that’s implausible Fentanyl busts saved 258 million lives? Experts say that’s implausible
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

Manslaughter charge after fatal punch outside rugby club

A tragic incident unfolded outside a rugby clubroom when a 22-year-old man fatally punched another…

August 1, 2025

Masked maniac caught on video trying to abduct Jewish boy is arrested

A shocking incident occurred in Brooklyn over the weekend when a masked stranger attempted to…

November 12, 2024

What if Millwall get promoted? Controversial club would bring an edge to Premier League, welcomed or not

But make no mistake, the club remains a lightning rod for controversy, a club whose…

April 21, 2025

Vaccine advisory panel meets, avoiding conflict with RFK Jr.

Despite these challenges and changes, the ACIP meeting proceeded smoothly, with experts delving into the…

April 15, 2025

Jasmine Crockett Refuses To Apologize For Speaking The Truth About Trump

The mainstream media has long been accused of capitulating to Donald Trump, leading to a…

September 21, 2025

You Might Also Like

ICE mistook Durango father for someone else but arrested him anyway
World News

ICE mistook Durango father for someone else but arrested him anyway

October 31, 2025
Kim Kardashian Thinks The Moon Landing Was Fake
World News

Kim Kardashian Thinks The Moon Landing Was Fake

October 31, 2025
US Marine arrested, accused of kidnapping girl with intent to sexually assault her
World News

US Marine arrested, accused of kidnapping girl with intent to sexually assault her

October 31, 2025
Families say cost of housing means they’ll have fewer or no children : NPR
World News

Families say cost of housing means they’ll have fewer or no children : NPR

October 31, 2025
logo logo
Facebook Twitter Youtube

About US


Explore global affairs, political insights, and linguistic origins. Stay informed with our comprehensive coverage of world news, politics, and Lifestyle.

Top Categories
  • Crime
  • Environment
  • Sports
  • Tech and Science
Usefull Links
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA

© 2024 americanfocus.online –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?