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Fed hold rates steady
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 steady, defying pressure from Trump
The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump called on the central bank to lower them. The announcement put the central bank on a potential collision course with Trump, though a longstanding norm of independence typically insulates the Fed from direct political interference.
Is the Fed interest rate pause good for mortgage rates?
It's important to understand that the Fed's decision to pause rate cuts will not directly impact mortgage rates. Mortgage rates are actually driven by a range of factors, including the Fed's rate changes. This week's Fed rate decision does, however, have a big influence on where mortgage rates could head.
39m
Mortgage demand drops further, even as interest rates settle
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) remained ...
2h
Fed leaves rates unchanged, sees no hurry to cut again
The U.S. central bank held interest rates steady on Wednesday and Federal Reserve Chair Jerome Powell said there would be no ...
49m
on MSN
Powell and the Fed Send a Clear Message by Pausing on Rates. Inflation Has to Give.
The Federal Reserve paused its interest rate cuts at its January meeting, citing unclear inflation and policy outlooks.
CNET
4h
The Fed Paused Rates. Here's What That Means for CD and Savings Account APYs
The Fed meets eight times a year to assess the health of the US economy and vote on the federal funds rate, the rate banks ...
2h
ECB to cut interest rates, keep door open to further easing
The European Central Bank is all but certain to cut interest rates on Thursday and is likely to keep open the door to further ...
2h
on MSN
Powell takes wait and see approach on interest rates — drawing angry response from Trump
There is so much uncertainty over potential tariffs and fiscal policy that “keeping things steady looks like the prudent move ...
2h
on MSN
Southern California unemployment dips to 5.2% as jobs hit record high
The region had a record 8.12 million people at work in December, up 7,200 from the previous month and 79,300 from the last 12 ...
6h
Top real estate CEO issues grim warning California is battling 'triple threat' never seen before
A top real estate CEO has warned that California is battling a 'triple threat' which has never been seen before.
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Fed
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Jerome H. Powell
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