Yes A checkmark with a circle around it close
A woman at the gas pump using her phone to pay

Interest rates and inflation

The latest news on these key rates and how they could affect investors and consumers.

May 7, 2025

May Federal Reserve rate announcement key takeaways

The FOMC left the federal funds rate unchanged at 4.25% – 4.50% and stated that “uncertainty about the economic outlook has increased further and that the risks of higher unemployment and inflation have also risen.”

Wells Fargo Investment Institute, Inc. is a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank N.A., a bank affiliate of Wells Fargo & Company.