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Federal Reserve holds interest rates steady as inflation remains above 2%
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's inauguration.
Fed holds rates steady, takes less confident view on inflation
US Federal Reserve Chairman Jerome Powell speaks at a press conference after the Monetary Policy Committee meeting in Washington, DC, on December 18, 2024.
The Federal Reserve holds interest rates steady
The Federal Reserve left interest rates unchanged on Wednesday, amid a cloudy economic outlook, partly because some of President Trump’s policies could stymie the fight against inflation. Wednesday’s pause comes after the central bank cut interest rates by a full percentage point between September and December of last year.
Fed Likely to Hold Rates Steady Despite Trump Call for Cuts as It Awaits Tariff, Immigration Changes
President Donald Trump may want lower interest rates, but the Federal Reserve will almost certainly keep its benchmark interest rate unchanged at its two-day policy meeting that ends Wednesday
1d
on MSN
How Inflation Is Impacting Everyday Americans: 6 Stories
Gallup’s annual Economy and Personal Finance poll found that, in 2024, respondents named inflation as the most important ...
15h
Where Inflation—and Inflation Expectations—Stand as the Fed Meeting Wraps Up
Since officials first cut rates in September, inflation has made uneven progress back down toward the central bank’s target.
1d
on MSN
What To Expect From Friday's Report On Inflation
Key Takeaways Inflation likely accelerated in December, putting pressure on the Federal Reserve to keep interest rates ...
2d
on MSN
Inflation has gone up for the third straight month, but switching bank accounts could help protect your funds
Knowing when to switch bank accounts can be stressful, especially as inflation rises. Find out how to know it's time to ...
4d
on MSN
Trump says inflation isn’t his No. 1 issue. So what will happen to consumer prices?
Inflation was a driving force behind Donald Trump's election victory, but he's put the issue on the back burner during his ...
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