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.
Lenders have let borrowers pay interest with more debt to conserve cash. Like any financial maneuver, the short-term solution can’t weather a prolonged high-interest environment.
Faced with a solid economy and mounting inflation concerns, the U.S. central bank has said it will “move cautiously” on ...
Most people pay little attention to the Federal Reserve and monetary policy. But they have an outsized impact on your bank ...
3don MSN
The Federal Reserve is likely to hold interest rates steady in its coming decision out Wednesday.
The Federal Reserve is set to announce its first interest rate decision of 2025 and with a pause expected, it could prompt ...
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