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Dollar steady as Europe holds rates, Fed and tariffs in focus
The dollar traded sideways against the euro today after the European Central Bank held rates steady, and was wedged between prospects for higher Japanese rates that supported the yen and worries about political risk after Sunday’s elections.
The widely expected decision left interest rates unchanged at a range of 5.25% to 5.5%, where they have sat since last July. Fed policymakers made several key changes to the statement released ...
Fed holds interest rates steady at highest level since 2001. The U.S. economy has faced a months-long stretch of stubborn inflation. By Max Zahn. May 1, 2024, 2:45 PM. 3:45.
Updated May 07, 2025 at 14:09 PM ET. The Federal Reserve held interest rates steady on Wednesday amid fears that President Trump's tariffs will rekindle inflation and slow economic growth.
Updated July 8, 2025 at 3:30 PM EDT. The Federal Reserve held interest rates steady Wednesday, and signaled that it is on track to cut rates by 0.5 percentage point this year, even as ...
Fed holds interest rates steady... for now The Federal Reserve held interest rates steady today, but hinted one more rate hike may be needed this year to bring inflation under control.
The Fed held rates steady, but left the door open to cut them later this year if inflation continues to ease. Trump's tariffs, however, could complicate efforts to bring prices under control.
The Fed Holds Interest Rates Steady. ... In July, the Fed raised interest rates by 25 basis points (0.25%), bringing the short-term federal funds rate to the target range of 5.25% to 5.5%.
The European Central Bank left interest rates unchanged on Thursday and offered a modestly upbeat assessment of the euro zone ...
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