Federal Reserve Holds Interest Rates, Impacting Markets Amid Uncertainty

The Federal Reserve has opted to maintain interest rates at 4.25%-4.5%, signaling continued caution in the face of growing economic uncertainty. This decision follows a period of persistent inflation easing and a resilient labor market. The Fed’s announcement, made by Chair Jerome Powell and the FOMC, underscores increased uncertainty about the economic outlook, prompting them to monitor both inflation and unemployment risks closely.