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 ...
That’s the prediction of Bank of America economists who think Canada’s central bank will cut 25 basis points on Jan. 29 and ...
The dollar was edging higher ahead of the Federal Reserve's policy meeting later as the central bank is widely expected to ...
U.S. stocks declined, pushing major indexes back toward session lows, as investors responded to the Federal Reserve's decision to leave its interest-rate target on hold in January. As was ...
U.S. Treasury yields were lower on Wednesday as investors awaited the Federal Reserve’s first interest rate decision of 2025.
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