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Live Updates  >  Live Update Details

2025-07-31 02:32:07

[Federal Reserve Voice: The Fed Has No Intention to Signal Any Imminent Rate Cuts] Nick Timiraos, a "Federal Reserve Voice," wrote in an article that the Federal Reserve made few changes to its policy statement, indicating no intention to hint at a possible rate cut. Fed officials kept their benchmark policy rate in a range of 4.25% to 4.5% to balance how importers, retailers, and consumers will share the costs of higher import tariffs. The outcome of the heated debate over who will bear the burden of tariffs will determine the trajectory of inflation and employment later this year and could dictate whether and when the central bank will resume rate cuts in the coming months.

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