No Rate Change: The Federal Reserve kept interest rates unchanged for the fifth straight meeting, resisting political pressure to cut.
Mixed Economic Signals: GDP grew 3% in Q2, but year-to-date growth is about half of 2024’s pace.
Rising Inflation Risks: Slowing consumer spending, a weak housing market, and tariff-driven price pressures keep the Fed cautious.
Policy Focus: Chair Jerome Powell says the current stance allows flexibility while aiming for maximum employment and stable prices.
