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.
Fed chair Jerome Powell said he has not talked with Trump since the president demanded last week “interest rates drop ...
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 ...
While it was created with good intentions 13 years ago, the Federal Open Market Committee’s dot plot does not serve its primary purpose: providing transparency ...
Borrowers hoping for more financial relief from the Federal Reserve may have a wait on their hands, as the central bank is ...
Perhaps finance companies and dealerships can take solace in the seven-word sentence Federal Reserve chair Jerome Powell said during his opening statement on Wednesday after the Federal Open Market ...
As was expected, the FOMC announced it would hold its federal funds rate target at 4.25-4.5 percent. This ended the ...
The Fed held rates at 4.50%, keeping traders focused on GDP data. Will USD strength continue? Read the latest GBP/USD and EUR ...
When inflation is too high, the Fed typically raises interest rates to slow the economy and bring inflation down. Conversely, ...
The Federal Reserve is widely expected to make no change to its benchmark federal funds rate at its January meeting, a ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback