Caution and clarity are the two takeaways from Fed’s notes—but Powell may get ‘stuck’ in limbo

fortune.com/2025/05/29/fed-fomc-meeting-notes-inflation-unemployment-jerome-powell

The Federal Reserve remains in a cautious holding pattern as heightened economic uncertainty—driven in part by volatile trade policies—has led the FOMC to unanimously maintain interest rates at 4.25% to 4.5%. Despite inflation nearing the 2% target and steady unemployment, the Fed…

This story appeared on fortune.com, 2025-05-29 13:46:10.
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