Fed holds rates steady, hitting pause after series of cuts
The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to account for progress already made on getting inflation down. Over the course of three meetings, the Fed lowered rates by a full percentage point to a range of 4.25 percent to 4.5 percent, which was maintained on Wednesday.
The Federal Reserve hit the pause button on recent interest rate cuts, entering a new wait-and-see phase and drawing a rebuke ...
Federal Reserve Chair Jerome Powell pushed back on billionaire Elon Musk's claim the central bank is "absurdly overstaffed," ...
8hon MSN
The Fed is expected to hold off on another rate cut at its Jan. 29 meeting. Here's what it means for your finances.
The Fed meets eight times a year to assess the health of the US economy and vote on the federal funds rate, the rate banks ...
The U.S. Federal Reserve on Wednesday chose to hold interest rates steady, as widely expected, and signaled that it was in no ...
Traders in the federal-funds-futures market were pricing in a greater probability that the Federal Reserve may keep its rate-cutting cycle on pause at its next meeting in March, as they assessed the ...
The US Federal Reserve is set to announce its first monetary policy decision of 2025 on Wednesday (January 29) with ...
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