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.
IBM projected constant currency revenue to grow 5% in the full year, above estimates for 4.81% growth. Meanwhile, the company ...
The Federal Reserve hit the pause button on recent interest rate cuts, entering a new wait-and-see phase and drawing a rebuke ...
The Federal Reserve's future moves on interest rates in 2025 will be in a narrow range unless the trajectory of inflation ...
Generally, when inflation is high and the economy is in overdrive, the Fed tries to pump the brakes by setting higher ...
The Fed signaled as much at its last meeting in December, when the central bank delivered an interest cut, but hinted that it ...
There is so much uncertainty over potential tariffs and fiscal policy that “keeping things steady looks like the prudent move ...
Trump criticised the Federal Reserve and Jay Powell for handling inflation after the Fed maintained interest rates. He pledged to tackle inflation through energy production and cutting regulations, ...
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