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Fed leaves rates on hold, warns of "higher risks" to U.S. economy
axios.com/2025/05/07/fed-rates-powell-trump-tariffs
The Federal Reserve kept interest rates steady for the third consecutive meeting on Wednesday, as it cautioned about the economic fallout from tariffs.
Why it matters: The Fed warned about the potential of higher prices and a spike in joblessness, as President Trump presses on with…
This story appeared on axios.com, 2025-05-07 19:46:38.