Fed holds interest rates steady
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After cutting interest rates three times in a row last year, the Federal Reserve indicated last month it probably won’t lower interest rates again for a while. A months-long pause, cemented by key economic data released Friday,
The Federal Reserve will likely hold rates steady at its January meeting, even as Jerome Powell faces mounting pressure from Trump amid the DOJ probe.
Anticipation over a Federal Reserve interest rate cut, which was barely registering a few weeks ago, is now growing to a fever pitch. Following an unemployment report that showed the rate increasing to its highest level since October 2021 and new data this ...
The Federal Reserve on Wednesday issued the third consecutive quarter-point interest rate cut this year — likely impacting everything from credit card rates and mortgages to online savings accounts. Central bankers lowered rates to a new range of 3.5% to ...
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