Fully in Wait-and-See Mode, Fed Keeps Rates at 4.25%-4.50%, Frets about Higher Uncertainty, Higher Inflation, and Higher Unemployment

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Fully in Wait-and-See Mode, Fed Keeps Rates at 4.25%-4.50%, Frets about Higher Uncertainty, Higher Inflation, and Higher Unemployment

wolfstreet.com/2025/05/07/fed-fully-in-wait-and-see-mode-keeps-rates-at-4-25-4-50-frets-in-all-directions-higher-uncertainty-inflation-unemployment

QT Continues at the slower pace announced in March.
By Wolf Richter for WOLF STREET.
The FOMC voted unanimously today to keep the Fed’s policy rates unchanged for the third meeting in a row, after cutting its policy rates by 100 basis points in 2024. Rate cuts remained in the fog of the…

This story appeared on wolfstreet.com, 2025-05-07 18:32:35.