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.
Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s ...
After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and ...
The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump called on the central ...
Trump, who appointed Jerome Powell as Fed chair, has called for lower interest rates and said the president should get a say ...
IBM projected constant currency revenue to grow 5% in the full year, above estimates for 4.81% growth. Meanwhile, the company ...
The Federal Reserve hit the pause button on recent interest rate cuts, entering a new wait-and-see phase and drawing a rebuke ...
Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.
Fed Chair Jerome Powell is taking questions from journalists after the central bank held interest rates steady following ...
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