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Federal Reserve Chair Jerome Powell leaves after a news conference on May 7. New economic projections from Fed policymakers could show they expect to lower rates at least once this year — and it will likely be because of bad news

Takeaways from the Fed’s decision to keep rates on hold as officials watch Trump’s tariffs and Israel-Iran conflict

By Bryan Mena, CNN Washington (CNN) — The Federal Reserve held interest rates steady again Wednesday as officials continue to wait for the fallout of President Donald Trump’s sweeping policy changes and tensions in the Middle East. The central bank left its benchmark lending rate unchanged at a range of 4.25% to 4.5%, where it

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