Wall Street Lunch: Fed Holds Rates, In No Hurry To Cut

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  Posted by Two Blokes May 7 - Filed in General - #TwoBlokesTrading  - 3 views
  
  The Federal Reserve maintained rates at 4.25%-4.5%, raising concerns about stagflation with risks of higher unemployment and inflation. Fed Chairman Powell emphasized a "wait and see" approach, noting uncertainty around tariffs and limited impact on hard data.