Industry News

Federal Reserve Faces Tough Balancing Act on Rates

Federal Reserve Faces Tough Balancing Act on Rates

By Christopher Rugaber | The Associated Press | May 7, 2025 | Reprints | Unlock Link

The Federal Reserve could keep its key rate unchanged for several more months as it evaluates the impact of President Donald Trump’s widespread tariffs on hiring and inflation, some economists say, even as the White House pushes for a rate cut.