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's future moves on interest rates in 2025 will be in a narrow range unless the trajectory of inflation ...
The Federal Reserve left interest rates unchanged on January 29, and an interest rate cut is unlikely when the Fed issues its ...
IBM projected constant currency revenue to grow 5% in the full year, above estimates for 4.81% growth. Meanwhile, the company ...
Developers say new downtown construction won’t grind to a halt. Some projects will score financing and the number of ...
Federal Reserve Chair Jerome Powell said Wednesday he has not spoken to President Donald Trump since last week's remarks by ...
The Federal Reserve's typically bland public statement after it votes on U.S. interest rates dropped a line about making progress on lowering inflation. In December, the Fed said, "Inflation has made ...
The Indian rupee is likely to stay on the defensive on Thursday, after the U.S. Federal Reserve expectedly kept interest ...
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