US Fed keeps benchmark interest rates steady, citing inflation risks: Here are 5 key highlights
Published on 08/05/2025 01:30 AM
The US Federal Reserve's FOMC (Federal Open Market Committee) on Wednesday, May 7, 2025, decided to keep the key benchmark interest rates steady and “unchanged,” citing the risks of economic uncertainty and inflationary pressures on the US economy.
(This is a developing story. Please check back for updates.)
Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
Download the Mint app and read premium stories
Log in to our website to save your bookmarks. It'll just take a moment.