WASHINGTON, May 7 (Xinhua) -- The U.S. Federal Reserve on Wednesday left target range for the federal funds rate unchanged at 4.25 percent to 4.5 percent, as the Trump administration's tariff policies are expected to lead to higher inflation and slower economic growth.
"Uncertainty about the economic outlook has increased further," the Federal Open Market Committee (FOMC), the central bank's policy-setting body, said in a statement after a two-day meeting.
