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 now needs to be on Trump watch if it wants to engineer the proper dose of monetary policy, according to ...
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President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal ...
That’s the prediction of Bank of America economists who think Canada’s central bank will cut 25 basis points on Jan. 29 and ...
There is so much uncertainty over potential tariffs and fiscal policy, “keeping things steady looks like the prudent move.” ...
Tech stocks led markets lower on Wednesday as the broader mood stayed muted after the Federal Reserve's latest interest rate ...
In December, economists believe the overall PCE index rose 0.3% on a monthly basis and 2.6% on an annual basis, according to ...
Fed meeting might be considered rather pro format, given no one expects a policy change. But there are some interesting and ...
(NEXSTAR) — From daylight saving time to diversity, equity, and inclusion programs, there are various aspects of the federal government that the Department of Government Efficiency (DOGE) and its head ...
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