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Fed pauses interest rate cuts
The Fed is hitting the pause button on rate cuts, for now. Here's the impact on your money.
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.
Fed pauses interest rate cuts as inflation, Trump's plans create uncertainty
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and President Trump's plans.
In a switch, Trump approves the Fed's decision to hold interest rates steady
President Donald Trump commended the Federal Reserve for its decision last week to leave interest rates unchanged. "Holding the rates at this point was the right thing to do," he told reporters.
9h
on MSN
Today's Mortgage Rates | Rates Are Down. How Long Will This Last?
These are today's mortgage and refinance rates. Mortgage rates are starting the month slightly lower, but they could trend ...
4d
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 ...
3d
Fed Stands Pat on Rates, Entering New Wait-and-See Phase
Fed Chair Jerome Powell says, “We do not need to be in a hurry to adjust our policy stance.” ...
3d
on MSN
Inflation gauge favored by Fed showed price growth picked up in December
The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in ...
3d
on MSN
The Fed didn’t budge on rates. Here’s why that matters for your bank accounts
Most people pay little attention to the Federal Reserve and monetary policy. But they have an outsized impact on your bank ...
2d
on MSN
New DOT Memo Directs Funds To Communities With Higher ‘Marriage And Birth Rates’
The memo also said recipients of federal transportation dollars must cooperate with immigration enforcement, a hit to ...
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