The Federal Reserve kept interest rates unchanged at 4.25% to 4.50% in May 2025, defying President Trump's calls for a reduction.
This decision comes amidst economic uncertainty caused by the 'America-First' tariff plan and a recent standoff between President Trump and Fed Chair Jerome Powell.
The Fed will continue monitoring the tariffs' impact on the economy before making any interest rate adjustments, with a potential decision in June. Show Less
