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.
Federal Reserve holds interest rates steady as inflation remains above 2%
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's inauguration.
Fed Holds Interest Rates: What Small Businesses Can Expect In The 1st Quarter Of 2025
Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth Social platform, Trump went on the attack: Because Jay Powell and the Fed failed to stop the problem they created with Inflation,
Fed's Hammack sees need to hold rates steady for some time
Federal Reserve Bank of Cleveland President Beth Hammack said on Tuesday the need to get inflation back to target will keep monetary policy on pause for now. “Given current economic conditions, it will likely be appropriate to hold the funds rate steady for some time,
Fed’s Hammack Says Rates on Hold Until Inflation Ebbs Further
Federal Reserve Bank of Cleveland President Beth Hammack said it’s appropriate to keep interest rates steady for “some time” while policymakers await further downward progress on inflation and analyze the economic effects of new government policies.
Cleveland Fed chief advocates for steady interest rates amid inflation concerns
Federal Reserve Bank of Cleveland President, Beth Hammack, has advocated for maintaining current interest rates for an undetermined period. This comes as policymakers continue to monitor inflation rates and assess the impact of new governmental policies on the economy.
Federal Reserve Target Rate Remains Close To Neutral
The Federal Reserve in last week’s policy meeting left interest rates unchanged at a 4.25%-4.50% range, and a repeat ...
Forbes13d
Federal Funds Rate History 1990 to 2025
the size of each rate change in basis points—abbreviated as bps—and the resulting federal funds target rate range. Basis points are a common unit of measurement for interest rates. One ...
Yahoo Finance13d
Federal funds rate: What it is and how it affects you
The federal funds rate is the interest rate the government sets for one bank to charge another bank for ultra-short-term loans, usually just overnight. It's actually a target rate range.
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 ...
USA Today13d
Fed pauses interest rate cuts as inflation, Trump's plans create uncertainty
“In considering the extent and timing of additional adjustments to the target range for the federal funds rate, the ...
CNBC12d
When will interest rates go down again?
Starting in September, the FOMC lowered the federal funds rate three times in late 2024, ending the year with a target range of 4.25% to 4.50%. That flurry of activity, however, was preceded ...
What will the Fed do with interest rates and how will Trump react?
The Federal Reserve is set to announce its first interest rate decision of 2025 and with a pause expected, it could prompt ...
Yahoo Finance13d
Fed’s interest rate history: The federal funds rate from 1981 to the present
The Federal Reserve’s key borrowing benchmark is currently in a target range of 4.25-4.5 percent ... Even so, the federal funds rate remains the highest since 2007, according to a Bankrate ...
Fed holds interest rates steady as inflation remains above 2%
The Fed said it will maintain the federal funds rate at its current range of 4.25% to 4.5% ... making it more ...