Citing inflation worries, the US Fed maintains benchmark interest rates at their current level.

Citing the dangers of economic uncertainty and inflationary pressures on the US economy, the FOMC (Federal Open Market Committee) of the US Federal Reserve agreed on Wednesday, May 7, 2025, to maintain the key benchmark interest rates constant and "unchanged."

For the third consecutive policy meeting since Donald Trump's return to the White House in January, the central bank held its interest rate steady. The committee stated that they will monitor the forthcoming US economic statistics and the changing US outlook in order to balance the risks in the economy, despite the Federal Reserve not sharing any rate cut projections, such as the March 2025 policy statement.

Powell mentioned the possibility of high unemployment and inflation, which seem to have increased as a result of the trade war and current economic development.