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 opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's ...
That’s the prediction of Bank of America economists who think Canada’s central bank will cut 25 basis points on Jan. 29 and ...
By Marc Jones and Lawrence Delevingne LONDON/BOSTON (Reuters) -World markets were calmer on Wednesday as the week’s ...
1don MSN
President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.
The Fed signaled as much at its last meeting in December, when the central bank delivered an interest cut, but hinted that it ...
The dollar edged higher ahead of the Fed meeting, and XTB said while the central bank could defy expectations by sounding less cautious about the pace of future rate cuts, any dollar falls were likely ...
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