Fed Warns of Increased Uncertainty, Holds Rates

P.M. Edition for May 7. Despite political pressure from President Trump, the Federal Reserve kept interest rates steady today. WSJ chief economics commentator Greg Ip explains how tariff uncertainty factored into their decision. And Disney seeks a foothold in the Middle East with an upcoming theme park in Abu Dhabi. WSJ entertainment reporter Ben Fritz has details on the company’s ambitions. Plus, investigations reporter Katherine Long tells us what U.S. spy agencies are after in Greenland. Victoria Craig hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices