From Yahoo Finance: 2025-05-07 19:40:00

The Federal Reserve maintained its key interest rate within the 4.25%-4.5% range for the third consecutive meeting, citing concerns over inflation and unemployment. Market volatility and economic indicators revealed fluctuating consumer spending and significant swings in international trade. The FOMC noted solid U.S. economic activity but emphasized increasing uncertainty. Investors reacted with a retreat in major U.S. equity markets, while the 10-year Treasury yield edged down. The iShares 20+ Year Treasury Bond ETF rose, and future monetary policy remains uncertain with a neutral tone from the FOMC. The decision had unanimous support from all FOMC members.



Read more at Yahoo Finance: Fed Holds Rates Steady as Expected, Bond ETFs Rise