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.
Fed Holds Interest Rates: What Small Businesses Can Expect In The 1st Quarter Of 2025
Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth Social platform, Trump went on the attack: Because Jay Powell and the Fed failed to stop the problem they created with Inflation,
After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and ...
Fed Chair Jerome Powell says, “We do not need to be in a hurry to adjust our policy stance.” ...
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...
After implementing three rate cuts in late 2024, the central bank has opted to keep its benchmark federal funds rate steady ...
The Federal Reserve’s federal funds rate is still above the level that balances the U.S. economy, known as the neutral rate.
Generally, when inflation is high and the economy is in overdrive, the Fed tries to pump the brakes by setting higher ...
Just remember that CD rates don't mirror the Fed precisely. So, if lenders assume that interest rate cuts will be issued this ...
The U.S. Federal Reserve on Wednesday chose to hold interest rates steady, as widely expected, and signaled that it was in no ...
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