Powell Tells Congress Fed Still in No Rush to Lower Rates
Federal Reserve Chair Jerome Powell said the central bank doesn’t need to rush to adjust interest rates, again signaling that ...
Fed holds interest rates steady as inflation remains above 2%
The Federal Reserve said Wednesday that it will leave its benchmark rate unchanged, hitting the brakes on lowering borrowing ...
Powell says Fed not 'in a hurry' to cut interest rates with 'economy remaining strong'
Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest rate cutting campaign.
Fed Stays Steady, and Powell Offers No Guidance on Future Rate Cuts
After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and ...
CNBC12d
When will interest rates go down again?
The Federal Reserve's Federal Open Market Committee (FOMC) declined to adjust interest rates after its first meeting of the year on Jan. 28 and 29, 2025. Starting in September, the FOMC lowered ...
Fed's Hammack sees need to hold rates steady for some time
Federal Reserve Bank of Cleveland President Beth Hammack said on Tuesday the need to get inflation back to target will keep monetary policy on pause for now.
International Business Times13d
Federal Reserve Defies Trump, Keeps Interest Rates Steady
The Federal Reserve defied President Donald Trump's calls for interest rate cuts and kept a key lending rate steady on Wednesday. Fed Chairman Jerome Powell and the rate-setting Federal Open ...
Yahoo Finance13d
Fed rate decision: How it affects your bank accounts, loans, credit cards, and investments
Wall Street thought the Fed was done lowering interest rates — at least for now. The Jan. 29 announcement of a "pause" proved the money runners were right. "We're not doing anything," the Fed ...
Fed pauses interest rate cuts despite Trump’s call to lower rates ‘immediately’
The Federal Reserve decided to delay additional rate cuts for now and keep interest rates unchanged at its first meeting of ...
Spectrum News NY113d
Fed hold rates steady, says job market is 'solid' while inflation 'remains somewhat elevated'
WASHINGTON — The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to ...
AOL13d
How Fed rate decisions affect your finances: 5 key impacts on your savings, loans and investments
The Federal Reserve wrapped up 2024 with three consecutive rate cuts, starting with a big drop in September and smaller ones in November and December. Yet as expected, the Fed hit pause on any ...