The Fed left interest rates unchanged
Experts expected such a decision. Last Interest rate reduction in the USA It took place at the end of 2024. Thus, the main interest rate in the United States is in the range of 4.25 – 4.50 percent. The American federal reserve did not give in to the pressure on the part of President Donald Trumpwho appealed for cutting interest rates.
Trump: I'm not going to fire it
Let us remind you that earlier The American president strongly criticized Jerome PowellPresident of the Fed. In the face of declines on stock exchange However, he began to alleviate the tone. – I'm not going to slow it down. I would like it to be a little more active when it comes to the idea of lowering interest rates – he said Trump In April. According to the US President, “it The perfect time to lower the rate” – We would like our president to decide earlier or on time, not too late – emphasized Trump.
Higher risk regarding inflation and labor market
“Fed leaves your feet unchanged. It was absolutely in line with expectations. Markets in principle without major changes. The Fed in a statement indicates a higher risk regarding inflation and the labor market, but it does not seem to change the direction of overtones. The reduction is still possible in July” – I'm writing in social media XTB Polska.
“Return of inflation to the target”
At the same time, the Fed estimated that “recent indicators suggest that economic activity is still growing at a solid pace. The unemployment rate stabilized at a low level In recent months “. The communiqué also indicates that” the incoming data will be carefully evaluated “. As we read,” the Committee (FOMC) is heavily involved in supporting the maximum employment and the return of inflation to its purpose 2 percent “.
See also: Warning for the US President. More in the text “Trump got a warning. His own man has set himself up. It is about destabilizing the market”.