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 Fed used to have even more books with colorful covers: the Greenbook, which looked at the current state of the economy ...
Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s ...
U.S. economic growth slowed in the fourth quarter as a strike at Boeing depressed business investment in equipment, but ...
Usually, housing is very sensitive to Fed rate changes. But the last few cuts have actually corresponded with mortgage rate ...
The new data were published Thursday by the Bureau of Economic Analysis in its report for gross domestic product for the fourth quarter.
Fielding a range of questions about the imprint of the Trump administration on the U.S. central bank, Federal Reserve Chair ...
Federal Reserve Chair Jerome Powell made clear on Wednesday the US central bank intends to hold interest rates where they are ...
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