Fed Maintains Rates Amid Political and Market Tensions
TL;DR Summary
The Federal Reserve kept interest rates steady at 4.25-4.5%, despite calls for a cut, as it monitors tariffs' impact; Texas proposed a new redistricting map favoring Republicans, likely leading to legal challenges; U.S. envoy Steve Witkoff visits Israel amid Gaza tensions; a study shows lifestyle changes can improve brain health in aging adults; and Ozzy Osbourne's funeral in Birmingham drew thousands paying tribute.
- The Fed holds interest rates steady. And, Texas releases bid for new redistricting map NPR
- Despite double dissent, Jerome Powell retains his hold on markets The Economist
- Fed keeps interest rates unchanged for fifth-straight time CNN
- 2 Fed officials break ranks as Trump wages war on Powell Politico
- Trump’s Fight With the Fed Won’t End With Rate Cuts The New York Times
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