The Fed kept its benchmark interest rate between 4.25% and 4.50%, ignoring calls for monetary policy easing amid economic uncertainty.

The US Federal Reserve has decided to keep its benchmark interest rate in the range of 4.25% to 4.50%, contrary to President Trump's calls for an easing of monetary policy. Although two FOMC members argued that current policy is too tight, the majority opted for stability. The Fed statement highlights a solid labor market and high inflation but warns of economic uncertainties. Interest rates haven't been changed since December 2024, and officials are concerned about the impact of tariffs.