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.
The Federal Reserve now needs to be on Trump watch if it wants to engineer the proper dose of monetary policy, according to ...
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President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.
That’s the prediction of Bank of America economists who think Canada’s central bank will cut 25 basis points on Jan. 29 and ...
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Fed Rate Cuts May Not Happen in 2025, Bank of America WarnsJust when Americans were hoping for relief from high interest rates, economic indicators are pointing in an unexpected direction.
The dollar edged higher ahead of the Fed meeting, and XTB said while the central bank could defy expectations by sounding less cautious about the pace of future rate cuts, any dollar falls were likely ...
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