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.
As was expected, the FOMC announced it would hold its federal funds rate target at 4.25-4.5 percent. This ended the ...
The Trump administration ordered a temporary pause on federal grants, loans and financial assistance. What we know so far ...
The Federal government issued an executive order to pause all payments of federal assistance as of 5:00 January 28th ...
The full extent of the order was not immediately clear, but the directive sent to government agencies on Monday threatened to ...
Entities in Franklin County have a lot riding on the outcome of President Trump's decision to pause federal funding.
By Tuesday afternoon, a federal judge had put the order on a brief stay while challenges to the administration work their way ...
The pause was set to begin Tuesday at 5 p.m., according to an Office of Management and Budget memo independently viewed by ...
The federal freeze on the funding sparked outrage among Gen Z and Gen Alpha who rely on key resources like the FAFSA to ...
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