The Federal Reserve's policy committee voted to hold its key interest rate steady Wednesday. Stubborn inflation and a resilient labor market in recent months have curbed the central bank's appetite ...

Fed Chair Jerome Powell says, “We do not need to be in a hurry to adjust our policy stance.” ...

8 Federal funds target rate 6 No change 4 RECESSIONS 2 The Fed held interest rates steady at its first meeting of 2025 as the central bank embarked on a new phase of policy-setting after a series ...

Borrowers hoping for more financial relief from the Federal Reserve may have a wait on their hands, as the central bank is hit the pause button on additional rate cuts at its Jan. 29 meeting.

The fed-funds rate is now “significantly closer to neutral,” which is the rate at which the economy is in balance. “We're in a good place, but I think from here, it's a new phase,” Powell ...

Odds of a January rate cut have fallen to 6%, while odds ... The upshot is that markets now see the Fed on hold until at least May, and maybe June. "From here, it's a new phase, and we're going ...

The Federal Reserve hit the pause button on recent interest rate cuts, entering a new wait-and-see phase as it tries to determine whether and how much more to lower rates from a recent two-decade ...