The Federal Reserve held rates steady Wednesday as stubborn inflation remains above the central bank’s target of 2%. • It’s the first key decision from the central bank under President ...
As expected, the U.S. Federal Reserve has kept its benchmark fed funds range rate steady at 4.25%-4.50%, the first pause since the central bank began easing policy ...
The Federal Reserve on Wednesday hit pause on interest rate cuts in its first key decision of President Donald Trump’s second term. It’s a move that’s likely to stoke tensions between the ...
The Federal Reserve defied Donald Trump’s demands for lower borrowing costs by keeping US interest rates on hold and suggesting they will remain higher for longer. In the central bank’s first ...
The nation's central bank held interest rates steady in its first decision of the year. On Wednesday, the Federal Open Market Committee announced that it would maintain the Federal Reserve's ...
That was before a federal judge temporarily blocked the Trump administration’s plans to freeze all federal aid later that day, according to The Associated Press. The delay pauses the freeze ...
The first Federal Reserve (Fed) meeting of 2025 will conclude on Wednesday, with the rate decision scheduled for release at 19:00 UTC. It will be followed by Chairman Jerome Powell's press ...
In what was a near-certain decision, the US Federal Reserve kept its base interest rate on hold at its meeting yesterday and essentially signalled a halt to the rate cuts which began last September.
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Fed Hold Rates Steady, Sees Inflation as 'Elevated,' as Powell Declines Comment on Trump WASHINGTON (AP) — The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting ...