Fed Holds Rates Steady — Powell Signals No Cuts Before Q3 2025
The Federal Reserve kept its benchmark rate at 5.25–5.50% for the third consecutive meeting, with Chair Powell cautioning that inflation remains "sticky" in services.
Chief Economist & Analyst
Sarah specializes in macroeconomic policy, central bank dynamics, and fixed income markets. Previously at the IMF and Goldman Sachs Economic Research.
The Federal Reserve kept its benchmark rate at 5.25–5.50% for the third consecutive meeting, with Chair Powell cautioning that inflation remains "sticky" in services.
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