McLean, Va. (July 30, 2025) 鈥� The Federal Reserve held the federal funds rate steady at a target range of 4.25% to 4.5% for the fifth meeting in a row. For the first time since December 1993, two members of the committee dissented, instead favoring a quarter-point cut to the federal funds rate. In announcing the decision, Fed Chair Jerome Powell said, 鈥淭he economy is not performing as if overly restrictive monetary policy is holding it back.鈥�
鈥淟ooking past the oscillations caused by trade, showed continued spending by consumers on goods and investment in new equipment. Powell acknowledged that the current level of interest rates is not overly restrictive and the outsized in the first half of 2025 appears to confirm this outlook,鈥� said Christopher Chidzik, principal economist of 九色视频 鈥� The Association For Manufacturing 九色视频. 鈥淪hould the economy continue to operate at or near full employment , further investment in manufacturing technology may be required to meet sustained consumer demand.鈥�
