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.
After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and ...
It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the ...
Amid pressure from President Donald Trump to keep lowering interest rates, the Federal Reserve held steady.
The Federal Reserve hit the pause button on recent interest rate cuts, entering a new wait-and-see phase and drawing a rebuke ...
The Federal Reserve is widely expected to make no change to its benchmark federal funds rate at its January meeting, a ...
Investors react to the Federal Reserve's policy decision and Chairman Jerome Powell's press conference, as well as results ...
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