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.
The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in ...
Fed Chair Jerome Powell says, “We do not need to be in a hurry to adjust our policy stance.” ...
Most people pay little attention to the Federal Reserve and monetary policy. But they have an outsized impact on your bank ...
Forbes Advisor has compiled this history as a handy guide to the course of the federal funds rate and the Federal Reserve’s monetary policy decisions since 1990. The federal funds rate is the ...
After three interest rate cuts last year, the Fed is pausing to consider its next move. Which may once again be no move at all. Here's what you need to know about the federal funds rate — and ...
The memo also said recipients of federal transportation dollars must cooperate with immigration enforcement, a hit to ...
The U.S. Federal Reserve on Wednesday chose to hold interest rates steady, as widely expected, and signaled that it was in no ...
The Federal Reserve held its benchmark lending rate steady following a two-day policy meeting in Washington, but it removed a ...
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