Fed Policymakers Plan to Keep Interest Rates High. You Can Blame Tariffs

Key takeaways from the Fed’s latest decision to hold rates steady as it warns of stagflation

Washington (CNN) — The Federal Reserve said Wednesday it will hold interest rates steady as the US economy begins to show the effects of President Donald Trump’s haphazard trade war.The central bank kept its benchmark lending rate unchanged at a range of 4.25% to 4.5%, extending a holding pattern that began in January.Officials have said it’s best to wait on the sidelines for data to show how the US economy is responding to Trump’s significant p…

Fed keeps interest rates unchanged despite Donald Trump pressure

The rate decision is the Federal Reserve's first since last month's tariff-related turmoil.

Federal Reserve warns of inflation and jobs risks amid Trump’s erratic trade strategy

Central bank says ‘uncertainty has increased’ as it opts to maintain benchmark interest rate for third time in a rowThe Federal Reserve kept interest rates on hold as questions around the global economic outlook mount amid Donald Trump’s erratic rollout of an aggressive trade strategy.Policymakers at the US central bank cautioned that “the risks of higher unemployment and higher inflation have risen” as they opted to maintain the benchmark inter…

Here's what changed in the new Fed statement

This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in March.

Fed holds interest rates steady as the central bank weighs impact of Trump tariffs

The Federal Reserve is again leaving its benchmark interest rate at 4.25% to 4.5%, where it's been since December.

Fed Policymakers Plan to Keep Interest Rates High. You Can Blame Tariffs

The cost of borrowing won't get any cheaper.