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Fed Holds Rates Steady, Warns of Higher Unemployment and Inflation
The Fed operates with a dual mandate of keeping the labor market healthy while maintaining stable prices. At the moment, the labor market remains solid and inflation, while not at the 2% annual level the Fed desires, has come down significantly. That could change if some of the more aggressive Trump tariffs take effect.
The latest statement highlighted developing risks that could leave the Fed with difficult choices in coming months.
Goldman Sachs forecasts unemployment will spike to 4.7% by year’s end, the highest level since September 2021.
Despite pressure from President Donald Trump to lower interest rates, the Federal Reserve on Wednesday left rates unchanged.
The Federal Reserve is confronting two big risks because of tariffs: The potential for higher unemployment and higher inflation. Fed Chair Powell emphasized that the central bank would have to balance ...
The unemployment rate has stayed static for another quarter. Stats NZ figures just out show the rate remained at 5.1% in the ...
THE Philippine labor market showed continued strength and resilience in March 2025, with key indicators remaining largely stable compared to the same period las ...
The Manila Times on MSN4h
Jobless rate slightly higher; underemployment expandsUNEMPLOYMENT edged up to 3.9 percent from the 3.8 percent a month earlier and the number of individuals seeking more work ...
Statistics NZ data today showed the seasonally adjusted unemployment rate was 5.1% in the March quarter, unchanged from the ...
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