2025-05-08
13 分钟Despite President Trump's demands,
the Fed keeps rates steady and warns of increased economic uncertainty.
Plus,
Mickey Mouse heads to the Middle East as Disney plans a new theme park in the capital of the United Arab Emirates.
Abu Dhabi is in the heart of the Middle East, which is a region where Disney...
It doesn't have nearly as much of a presence as it does in the rest of the world.
It's a region where there's a growing number of middle-class people and it's a huge tourist destination.
And what U.S.
spy agencies are up to in Greenland.
It's Wednesday, May 7th.
I'm Victoria Craig for The Wall Street Journal, filling in for Alex Osola.
This is the PM edition of What's News,
the top headlines and business stories that move the world today.
The Federal Reserve has voted unanimously to keep its benchmark interest rate in the four and a quarter to four and a half percent range for the third straight month.
It's the Fed's first rate decision since President Trump imposed a sweeping tariff package in April,
much of which was later reversed.
At a press conference following today's decision,
Fed Chair Jerome Powell responded to a question from The Wall Street Journal saying tariffs presented continuing uncertainty.
The administration is entering into negotiations with many countries over Tariffs will know more with each week and month that goes by about where tariffs are going to land.
And we'll know what the effects will be when we start to see those things.