Federal Reserve Keeping Interest Rates Unchanged, Uncertainty on Economic Outlook Increased

WASHINGTON, D.C. – The Federal Reserve announced they’re keeping interest rates the same, which is just above four percent. The Federal Reserve Chair, Jerome Powell, said those rates might come down later this year. There’s been a lot of concerns with the markets and uncertainty with businesses and consumers in the past few weeks with changes from the Trump administration. The Fed said so far there’s positive data about the labor market and a low unemployment rate but they said uncertainty around the economic outlook has increased.