Thursday, July 24, 2025
  • Login
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
CRYPTO MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

Fed Keeps Interest Rates Unchanged, Experts Not Surprised

by SB Crypto Guru News
March 19, 2025
in NFT
Reading Time: 2 mins read
0 0
A A
0


Federal Reserve officials kept interest rates at a target range of 4.25% to 4.5% following the conclusion of the Federal Open Market Committee (FOMC) meeting on Wednesday.

The range has stayed the same since December when the Fed cut rates by 25 basis points or 0.25%, but the Fed indicated that reductions to the rate could occur later in the year.

“We’ll be adapting as we go,” Federal Reserve chair Jerome Powell said in a Wednesday press conference following the decision. He noted that the Fed does not need to rush to make policy adjustments and “is well positioned to wait for clarity” on President Donald Trump’s economic plans, including tariffs.

“Everybody is forecasting some inflation effect from tariffs,” Powell stated at the press conference. “We’re going to have to wait and see all of that.”

The move to hold rates steady was expected. Elyse Ausenbaugh, head of investment strategy at J.P. Morgan Wealth Management, told Entrepreneur in an emailed statement that the lack of change to the rate was “unsurprising.”

“I continue to admire the Fed’s patience as we all await further clarity on the feed-through effects of trade policy right now, but I think investors will be craving clearer direction out of the FOMC meetings ahead,” Ausenbaugh stated.

Related: 3 Predictions for the U.S. Economy in 2025, According to a Chief Economist

Meanwhile, Melissa Cohn, regional vice president of William Raveis Mortgage and a 43-year mortgage industry veteran, told Entrepreneur in a separate emailed statement that if tariffs and higher inflation occurred, future rate cuts would be unlikely.

“What happens in the economy in the next three months will be the driver of future rate movement from the Fed,” she stated.

Federal Reserve chair Jerome Powell. Photo by Kevin Dietsch/Getty Images

Fed policymakers on Wednesday also predicted higher unemployment and less economic growth this year than they did in December. According to Fox Business, policymakers projected that real gross domestic product (GDP) would grow by 1.7% by the end of the year, down from a 2.1% prediction in December. They also forecasted an unemployment rate of 4.4% in December, up from a previous prediction of 4.3%.

The unemployment rate was 4.1% and inflation was at 2.8% in February, per the latest federal data. The Fed’s goal is to maintain low prices and drive full employment.

The Fed also held rates steady in January, following three preceding cuts in September, November, and December.



Source link

Tags: Bitcoin NewsCrypto NewsCrypto UpdatesExpertsFEDInterestLatest News on CryptoRatesSB Crypto Guru NewsSurprisedunchanged
Previous Post

Google’s Largest Acquisition Is Cloud Security Platform Wiz

Next Post

BIGGER THAN ORDINALS. MORE THAN ART

Related Posts

One of England’s oldest human-made structures given protected status by Historic England – The Art Newspaper

One of England’s oldest human-made structures given protected status by Historic England – The Art Newspaper

by SB Crypto Guru News
July 24, 2025
0

The Dudderhouse Hill long cairn in the Yorkshire Dales National Park is one of the earliest visible structures in England’s...

Trump pulls US out of ‘woke’ Unesco – The Art Newspaper

Trump pulls US out of ‘woke’ Unesco – The Art Newspaper

by SB Crypto Guru News
July 23, 2025
0

On 22 July, the US Department of State informed Unesco Director-General Audrey Azoulay that the country would be withdrawing from...

Billionaire Mark Cuban Spends a Lot of Time on His Emails

Billionaire Mark Cuban Spends a Lot of Time on His Emails

by SB Crypto Guru News
July 23, 2025
0

Despite all the advancements in technology, billionaire investor Mark Cuban, 66, spends most of his day reading and responding to...

The Playbook I Used to Launch a Thriving 8-Figure Business — and How You Can Too

The Playbook I Used to Launch a Thriving 8-Figure Business — and How You Can Too

by SB Crypto Guru News
July 23, 2025
0

Opinions expressed by Entrepreneur contributors are their own. When I decided to launch a cold plunge company in Italy, I...

700 Years of Tenochtitlan (again): Mexico honours its pre-Hispanic capital – The Art Newspaper

700 Years of Tenochtitlan (again): Mexico honours its pre-Hispanic capital – The Art Newspaper

by SB Crypto Guru News
July 23, 2025
0

This month, Mexico once again marks the 700th anniversary of México-Tenochtitlan’s founding. In July 2021, then-president Andrés Manuel López Obrador...

Load More
Next Post
BIGGER THAN ORDINALS. MORE THAN ART

BIGGER THAN ORDINALS. MORE THAN ART

Record for Indian painting at auction smashed by .7m M.F. Husain – The Art Newspaper

Record for Indian painting at auction smashed by $13.7m M.F. Husain - The Art Newspaper

Facebook Twitter LinkedIn Tumblr RSS

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.