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 ...
Fed Chair Jerome Powell says, “We do not need to be in a hurry to adjust our policy stance.” ...
Just remember that CD rates don't mirror the Fed precisely. So, if lenders assume that interest rate cuts will be issued this ...
The Federal Reserve’s federal funds rate is still above the level that balances the U.S. economy, known as the neutral rate.
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 ...
Anxiety over a Chinese startup’s threat to American artificial intelligence dominance faded further Wednesday as investors turned their focus to the Federal Reserve’s rate decision due later in the da ...
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