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 ...
Fed pauses interest rate cuts as inflation, Trump's plans create uncertainty
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...
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 ...
Fed likely to hold rates steady despite Trump call for cuts as it awaits tariff, immigration changes
Outside of a U.S. President bending norms, the Fed also faces challenges in achieving its economic objectives. Inflation ...
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.
Fed kicks off 2024 by standing pat on interest rates
Chairman Jerome Powell said the central bank is in wait-and-see mode amid mostly positive U.S. economic conditions.
Trump says Powell and Fed ‘failed to stop the problem they created’ on inflation
President Donald Trump wasted no time criticizing the Fed after it held rates steady Wednesday, arguing Jerome Powell and the ...
Fed pauses interest rate cuts amid rising inflation concerns
After a two-day meeting of its monetary policy committee in Washington, the Fed announced it would hold its rate target at 4.25% to 4.50%.
US Fed signals no rush for rate cuts amid elevated inflation, but markets trim losses as Powell downplays worry
The US Fed held policy rates steady, removed a reference to inflation progress, and signaled no rush for cuts. Markets ...
US Federal Reserve holds interest rates steady
The US Federal Reserve has decided to hold interest rates steady, citing solid economic growth. It made the decision on ...