Urgent: U.S. Fed keeps interest rates unchanged at 4.25-4.5 pct as tariffs weigh on growth


  • World
  • Thursday, 08 May 2025

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.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Former South Korean PM Han jailed for 23 years in martial law case
Russia says fire put out at Afipsky oil refinery after Ukrainian drone attack
Rumen Radev, the ex-president vowing to end Bulgaria's political crisis
South Korea court sentences ex-PM Han to 23-year jail term in case related to martial law
Azerbaijan says it agreed to join Trump's 'Board of Peace'
India to withdraw diplomats' families from Bangladesh, source says
Trump row over Greenland derails Ukraine postwar deal, FT reports
South Korea court finds ex-PM Han Duck-soo guilty of key action of insurrection over martial law
Surging in polls, Thailand's reformist opposition tests new election playbook
How an Islamist party is gaining ground in Bangladesh, worrying moderates

Others Also Read