McLean, Va. (May 7, 2025) 鈥 Today, the Federal Reserve held the federal funds rate steady at a target range of 4.25% to 4.5% for the third meeting in a row. In its announcement of the rate decision, the Fed cited increasing uncertainty in the economic outlook and a rising risk of higher unemployment and inflation.
鈥淭丑别 had a great first quarter, and despite the rising risks to inflation and unemployment cited by the Fed, ,鈥 said Christopher Chidzik, principal economist of 九色视频 鈥 The Association For Manufacturing 九色视频. 鈥淯ncertainty is detrimental to consumers making large purchases and businesses making additional investment. The sooner policy paths are solidified, the sooner businesses can make additional investments in manufacturing technology to meet consumer demand.鈥
To learn how rising uncertainty could affect the market for manufacturing technology through the remainder of 2025, on Thursday, May 8.
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Members of build and sell metalworking machinery, commonly known as machine tools, as well as the workholding, tooling, inspection equipment, and automation integral to modern manufacturing.