Fed Holds Rates at 4.5% Despite Trump Pressure as Growth Forecast Slashed to 1.4% for 2025

The Federal Reserve maintained its benchmark interest rate in the 4.25% to 4.5% range on Wednesday, marking its fourth consecutive pause as it weighs economic uncertainties. Despite President Trump’s vocal demands for substantial cuts, the central bank signaled a cautious approach as it monitors inflation risks and slowing growth. Markets initially rose but lost momentum during Powell’s press conference, with the Dow ultimately closing down 44 points as investors processed complex messages about the economic outlook Economic Signals Flash Mixed Warnings The Fed’s latest projections reveal concerning trends for the US economy. Officials lowered growth expectations to 1.4% for 2025, … Continue reading Fed Holds Rates at 4.5% Despite Trump Pressure as Growth Forecast Slashed to 1.4% for 2025