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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.
Traders bet Fed's next rate cut will wait until June
Traders on Friday kept bets that the Federal Reserve will wait until June to resume interest rate cuts, after government data showed inflation by the U.S. central bank's targeted measure ticked up to 2.
Fed Leaves Interest Rates Unchanged, But 2025 Cuts Are Still Expected
The Federal Reserve left interest rates unchanged on January 29, and an interest rate cut is unlikely when the Fed issues its next policy decision on March 19, 2025.
6h
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.” ...
15h
on MSN
Colombia central bank seen slowing rate cuts in first meeting of the year
Board members of Colombia's central bank are expected to opt for a smaller rate cut when they meet on Friday on uncertainty ...
3h
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 ...
1d
on MSN
Why Americans still can’t get cheaper mortgages, car loans or card balances after three Fed rate cuts
It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the ...
8h
Bowman: Inflation risks to the upside, further rate cuts should be gradual, cautious
Federal Reserve governor Michelle Bowman said she still expects declining inflation to allow further interest rate cuts this ...
1d
Gold Nears Record High as Market Rate-Cut Optimism Grows
Gold futures were rising 0.8% to $2,790.80 a troy ounce—approaching the record high of $2,826.30 an ounce, set in late ...
1d
on MSN
Wall Street slips after the Federal Reserve keeps interest rates steady
U.S. stocks slipped after the Federal Reserve held its main interest rate steady and broke a run of cuts that began in ...
1d
Powell Signals Fed on Hold as Trump’s Economic Policies Take Shape
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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