Fed Keeps Rates Unchanged Amid Economic Uncertainty

0:00I'm Cory with the story, and this is your pulse of the world. Global news today. The Federal Reserve has decided to keep interest rates unchanged for now. The key rate stays in the range of 3.5% to 3.75%, right where it has been since December. This move came as expected amid fresh economic worries. A big jump in oil prices, sparked by the start of the US-Israel conflict with Iran, is stirring up uncertainty. Those worry it could push inflation higher and complicate things further. President Donald Trump has been urging the central bank to lower rates quickly. But Fed leaders are taking a careful approach, dealing with higher prices alongside uneven job market data. That war has shifted the outlook too. Experts now see any potential rate cuts getting delayed until the end of the year at the earliest. For now, policymakers are watching closely, balancing these risks without rushing into changes. Thanks to our sponsor for supporting today's coverage. When you need a moment alone, just lay back and listen, S-O-L-I-SOLY-PILLOW.com.