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.
It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the ...
After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and ...
Fed chair Jerome Powell said he has not talked with Trump since the president demanded last week “interest rates drop ...
Gold futures were rising 0.8% to $2,790.80 a troy ounce—approaching the record high of $2,826.30 an ounce, set in late ...
The Federal Reserve hit the pause button on recent interest rate cuts, entering a new wait-and-see phase and drawing a rebuke ...
U.S. stocks slipped after the Federal Reserve held its main interest rate steady and broke a run of cuts that began in ...
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