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Breaking: FED Leaves Interest Rates Unchanged at FOMC Meeting

CoinGape LogoCoinGape1d ago

Breaking: FED Leaves Interest Rates Unchanged at FOMC Meeting - CoinGape

Quick Summary:

The US Federal Reserve has kept benchmark interest rates at 4.25% to 4.5% following the 2-day May FOMC meeting, which held bweteen May 6 and 7.

This comes despite calls from the US President Donald Trump for FED Chair Jerome Powell to lower rates since inflation is down.

Meanwhile, before then, the US Central Bank had cut rates consecutively in September, November, and December 2024.

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Article Details

Author / Journalist: Boluwatife Adeyemi

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-07 @ 18:00:13 (1 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 199 words

Reading Time: 2 minutes read

Sentences: 40 lines

Sentence Length: 5 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 28476164

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About CoinGape

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Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 43 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

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The story "Breaking: FED Leaves Interest Rates Unchanged at FOMC Meeting" has 199 words across 40 sentences, which will take approximately 1 - 2 minutes for the average person to read.

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The story "Breaking: FED Leaves Interest Rates Unchanged at FOMC Meeting" was covered 1 days ago by CoinGape, a news publisher based in India.

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CoinGape is a fully independent (privately-owned) news outlet established in 2017 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 43 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #28476164
  • URL: https://ludovika-campus.beamstart.com/news/breaking-fed-leaves-interest-rates-17466410718785

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