The Fed held rates steady as it faces a tricky balancing act between promoting economic growth and quelling inflation if President Trump's tariffs push prices up.
The Federal Reserve held interest rates steady yesterday as concerns loom over President Trump's new tariffs. And, a judge denied a request to block DOGE's takeover of the U.S. Institute of Peace.
Policymakers held interest rates at 4.5 percent on Thursday as they warned of rising economic uncertainty. Households are also bracing for higher utility costs starting next month.
