Fed Stays Steady, and Powell Offers No Guidance on Future Rate Cuts
After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and rising inflation risks. Jerome H. Powell, the Fed chair, said the central bank was not on a “pre-set course.
Officials cut rates at their previous three meetings before taking a pause.
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 ...
Just remember that CD rates don't mirror the Fed precisely. So, if lenders assume that interest rate cuts will be issued this ...
Follow live coverage of the January FOMC meeting, interest-rate announcement, and Fed chairman Jerome Powell's press ...
Generally, when inflation is high and the economy is in overdrive, the Fed tries to pump the brakes by setting higher ...
The Federal Reserve is widely expected to make no change to its benchmark federal funds rate at its January meeting, a ...
The U.S. Federal Reserve on Wednesday chose to hold interest rates steady, as widely expected, and signaled that it was in no ...
The US Federal Reserve is set to announce its first monetary policy decision of 2025 on Wednesday (January 29) with ...
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