Federal Reserve Keeps Rates Steady for Fourth Straight Meeting Amid Inflation Concerns

Articles

Summary

Federal Reserve leaves interest rates unchanged as it forecasts higher inflation

The Federal Reserve left interest rates at their current levels as the central bank continued to assess the impact of President Donald Trump's tariffs on the U.S. economy. The federal funds rate remains in the 4.25-to-4.5% range. But the central bank's latest outlook spells out a stagflationary environment resulting from the import duties, with inflation heading higher even as overall growth trends lower.

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NBC News

Analysis-Fed treads carefully, leaving markets anxious about tariff risks

The Federal Reserve stood pat on interest rates for the fourth meeting in a row, and home equity loans were flat — but HELOCs bumped up a bit. The average rate on the $30,000 HELoan remained at 8.25 percent for the third straight week. Meanwhile, the average rate on a $30,000 home equity line of credit rose five basis points to 8.27 percent, according to Bankrate’s national survey of lenders.

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WTVB

Federal Reserve leaves key interest rate unchanged for fourth straight meeting

The Federal Reserve on Wednesday said that it will leave its benchmark interest rate unchanged following its June monetary policy meeting as policymakers continue to monitor inflation and labor market data amid elevated economic uncertainty. The central bank's decision leaves the benchmark federal funds rate at a range of 4.25% to 4.5%. It comes after the Fed left rates at that level at its three prior meetings in January, March and May. The central bank cut rates at its final three meetings last year, which involved a 50-basis-point cut in September and a pair of 25-basis-point reductions in November and December.

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Fox Business

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News Results

Fed leaves rates steady, forecasts higher inflation

The central bank has resisted President Trump’s calls for rate cuts.

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Yesterday

US Fed leaves interest rates unchanged amid economic uncertainty

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Fed holds interest rates for fourth time despite tariff turmoil

The Federal Reserve left its key interest rate unchanged on Wednesday. The decision marked the fourth in a row without action, keeping the bank's influential lending rate hovering around 4.3%. President Donald Trump has repeatedly called on the Fed to cut interest rates, arguing, in part, that the problem has faded.

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LEFT

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HELOCs rise but home equity loans are steady as Fed leaves interest rates unchanged

The Federal Reserve stood pat on interest rates for the fourth meeting in a row. The average rate on the $30,000 HELoan remained at 8.25 percent for the third straight week. Forecasts by the CME FedWatch tool predict the Fed lowering lower rates by a half point by year's end.

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