Fed meeting live updates: Fed Chair Powell talks rate outlook, stagflation risk

cnbc.com/2025/05/07/fed-meeting-live-updates-traders-await-insight-from-powell-on-next-rate-cut-tariff-impact.html

The Federal Reserve kept interest rates at the target range of 4.25% to 4.5% at the conclusion of its May meeting. The policy-setting Federal Open Market Committee noted that "the risks of higher unemployment and higher inflation have risen."
The central bank is walking a fine line: It's…

This story appeared on cnbc.com, 2025-05-07 18:59:31.111000.
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