Central Banks

Fed to Hold Rates Steady as Pressures Mount

WATCH: Apollo’s Torsten Slok expects the Fed to say “it’s just a little bit too early to pull the trigger on cutting rates.”Source: Bloomberg

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By Maria Eloisa Capurro

May 6, 2025 at 11:00 PM UTC

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Federal Reserve officials are widely expected to leave interest rates unchanged Wednesday as they await clarity on the Trump administration’s trade policies, a move likely to frustrate the president and anyone else seeking answers about the US central bank’s next move.