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1st LD: U.S. Fed keeps interest rates unchanged at 4.25-4.5 pct amid inflation concerns

0 Comment(s)Print E-mail Xinhua, March 20, 2025
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WASHINGTON, March 19 (Xinhua) -- The U.S. Federal Reserve on Wednesday left target range for the federal funds rate unchanged at 4.25 percent to 4.5 percent, amid rising inflation concerns due to the Trump administration's tariff policies.

"Uncertainty around the economic outlook has increased. The Committee is attentive to the risks to both sides of its dual mandate," the Federal Open Market Committee (FOMC), the central bank's policy-setting body, said in a statement after a two-day meeting.

"In support of its goals, the Committee decided to maintain the target range for the federal funds rate at 4-1/4 to 4-1/2 percent," the statement said.

Beginning in April, the FOMC will slow the pace of decline of its securities holdings, indicating that the Fed is choosing not to reduce its balance sheet as quickly -- a measure taken during times when the economy might need more support or liquidity. Enditem

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