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 kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...
Faced with a solid economy and mounting inflation concerns, the U.S. central bank has said it will “move cautiously” on ...
At the Federal Reserve’s first meeting in 2025, consumers are going to want what Fed Chair Jerome Powell simply can’t give ...
CD rates tend to track the federal funds rate. When the fed rate goes down, CD rates decline, and vice versa. The Federal Reserve held the federal funds rate steady for nearly a ...
The Federal Open Market Committee opted to hold the federal funds rate steady in January and observers predict the FOMC will only cut rates twice in 2025. However, personal loan rates ...
The Federal Reserve will hold its first policy meeting of the year on Jan. 28 and 29, where it is widely expected to keep ...
The fed funds rate determines how much financial institutions ... with nonfarm jobs soaring by 256,000 — far above the 160,000 forecast by Reuters' poll of economists Since the Fed typically ...
When inflation is too high, the Fed typically raises interest rates to slow the economy and bring inflation down. Conversely, ...
These are today's mortgage and refinance rates. Mortgage rates may only drop a little bit this year since the economy is ...
The Federal Reserve is widely expected to make no change to its benchmark federal funds rate at its January meeting, a ...
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