WASHINGTON — The Federal Reserve kept its key rate unchanged Wednesday as it waits for additional information on how tariffs and other potential disruptions will affect the economy this year.
The Fed’s policymakers signaled they still expect to cut rates twice this year, even as they also project that President Donald Trump’s import duties will push inflation higher. They also expect growth to slow and unemployment to edge up, according to their latest quarterly projections released Wednesday.
Send us your news Tell us about your business. CLICK HERE Send us your announcements, press releases, photos and more.
Albuquerque Journal business outlook reporters and editors want your story suggestions. Send your suggestions here to the business desk
Sign up now for free daily email newsletter
Success! An email has been sent to with a link to confirm list signup.
Error! There was an error processing your request.
Business Outlook Newsletter – Subscriber-Only
Exclusive Business Outlook Newsletter, delivered every Monday. Designed for paid subscribers, it provides narrative coverage of local trends, industry news, and key economic updates, going beyond the headlines to keep you informed.
Please enter a valid email address. Sign up Manage your lists We want to hear from you For general questions or concerns, email [email protected]
Read more on Albuquerque Journal
