
Interest Rates Held Steady But Could They Generate a Rise in Inflation?
The Federal Reserve held interest rates steady amid concerns over the economic impact of the Trump administration’s tariffs.
“If the large increases in tariffs that have been announced are sustained,” Fed Chairman Jerome Powell said, “they are likely to generate a rise in inflation, a slowdown in economic growth, and an increase in unemployment.”
Source: “The Madison Weekly Market Wrap”, May 11, 2025.

Investing involves risk including the potential loss of principal. Consider your risks and objectives before investing. This is for informational purposes only and should not be construed as tax advice. Consult your tax advisor regarding your specific situation.
Securities and advisory services offered through Madison Avenue Securities, LLC, a Registered Investment Advisor, member FINRA and SIPC. Advisory services also offered through Wealth Management Institute, Inc., a Registered Investment Advisor. Wealth Management Institute and Madison Avenue Securities, LLC are not affiliated entities. Frank Cherniawski is securities registered in: AZ, CA, CT, FL, GA, IN, MI, MO, NC, OH, WA and Advisory Licensed in CA and MI with Madison Avenue Securities, LLC. Please inquire with the advisor about your state prior to further discussion or any decisions.