Fed expected to keep rates on hold despite cool inflation reading
From Yahoo Finance: 2025-05-30 10:44:00
Inflation gauge shows price increases cooled in April, likely won’t change Fed’s interest rate stance. Core PCE index rose 2.5% annually in April, in line with expectations. Fed debates whether tariffs will lead to lasting inflation. Trump urges Fed to lower rates, but Fed officials uncertain. Dallas Fed president suggests rates are in a good place, need time to assess risks. Some Fed members see tariffs impacting inflation longer than expected. Supply chain disruptions could have lasting effects on inflation. Factors could offset inflation uptick, including trade negotiations and weak economy.
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