PANews reported on May 8 that according to Jinshi, at 02:00 am Beijing time on Thursday, the Federal Reserve kept interest rates unchanged for the third time, maintaining the benchmark interest rate target range at 4.25%-4.50%, in line with market expectations, and took a cautious stance amid the increasing uncertainty in the economic outlook caused by tariff policies. Although the Federal Reserve believes that the current overall economy is still "soundly expanding", the FOMC issued a rare warning in its post-meeting statement that the risks of high inflation and high unemployment are rising simultaneously , making the economic outlook even more confusing.
The Fed kept interest rates unchanged for the third time, warning that the risks of high inflation and high unemployment are rising simultaneously
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