Featured Image

Fed Continues Rate Hold Amid Rising Manufacturing Technology Demand

Today, the Federal Reserve held the federal funds rate steady at a target range of 4.25% to 4.5% for the third meeting in a row, citing increasing uncertainty in the economic outlook and a rising risk of higher unemployment and inflation.
May 07, 2025

McLean, Va. (May 7, 2025) — Today, the Federal Reserve held the federal funds rate steady at a target range of 4.25% to 4.5% for the third meeting in a row. In its announcement of the rate decision, the Fed cited increasing uncertainty in the economic outlook and a rising risk of higher unemployment and inflation.

“The market for manufacturing technology had a great first quarter, and despite the rising risks to inflation and unemployment cited by the Fed, the economy remains on generally stable footing,” said Christopher Chidzik, principal economist of AMT – The Association For Manufacturing Technology. “Uncertainty is detrimental to consumers making large purchases and businesses making additional investment. The sooner policy paths are solidified, the sooner businesses can make additional investments in manufacturing technology to meet consumer demand.”

To learn how rising uncertainty could affect the market for manufacturing technology through the remainder of 2025, attend AMT's 2025 Spring Economic Update Webinar on Thursday, May 8.

###

Members of AMT – The Association For Manufacturing Technology build and sell metalworking machinery, commonly known as machine tools, as well as the workholding, tooling, inspection equipment, and automation integral to modern manufacturing.

PicturePicture
Author
Kristin Bartschi
Director, Marketing & Communications
Recent intelligence News
Today, the U.S. Bureau of Economic Analysis released their first estimate of GDP for the first quarter of 2025. According to the estimate, GDP contracted 0.3% at an annualized rate.
For the second meeting in a row, the Federal Reserve announced it will hold federal fund rates steady at a target range of 4.25% to 4.5%. Learn what this means for the producers and distributors of manufacturing technology.
New policies and bold predictions – what’s next for manufacturing in 2025? At AMT’s Winter Economic Forum, top economists and industry experts analyzed the economic outlook, policy shifts, and emerging trends shaping the industry’s future.
The U.S. Bureau of Economic Analysis released their first estimate of GDP for the fourth quarter of 2024. According to the first estimate, GDP grew 2.3% at an annualized rate. This was driven by strong consumer demand but held back by lagging investment.
Today the Federal Reserve announced they would hold benchmark rates at a target range of 4.25% to 4.50% in a widely anticipated move. This is the first meeting where the Fed held rates steady since they began to cut rates in September 2024.
Similar News
undefined
Intelligence
By Catherine “Cat” Ross | May 07, 2025

AMT announces the return of its popular AMT Meetup series, featuring seven stops across the country and new partnerships with Women in Manufacturing and NTMA. These free events connect professionals working in and around the manufacturing tech sector.

5 min
undefined
Intelligence
By Kristin Bartschi | Apr 30, 2025

Today, the U.S. Bureau of Economic Analysis released their first estimate of GDP for the first quarter of 2025. According to the estimate, GDP contracted 0.3% at an annualized rate.

3 min
undefined
Intelligence
By Christopher Chidzik | Apr 16, 2025

Shipments of cutting tools, measured by the Cutting Tool Market Report compiled in a collaboration between AMT and USCTI, totaled $198.6 million in February 2025. Orders decreased 0.7% from January 2025 and were down 9.2% from February 2024.

4 min