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07 May 2025
No rate cuts expected from US Fed facing 'unfavourable' conditions
Summary: The US Federal Reserve faces a challenging decision regarding interest rates due to conflicting economic indicators. Analysts anticipate the Fed will maintain current rates, awaiting further data on the impact of recent tariffs on the economy. While inflation remains above target, the unemployment rate is low, creating uncertainty about the appropriate policy response.
Link: https://www.channelnewsasia.com/world/us-federal-reserve-rate-cuts-unfavorable-conditions-5113621