After their meeting Wednesday, Fed officials held interest rates steady in a range of 4.25% to 4.5%. In December, officials had penciled in two quarter-point cuts for 2025. Also read: Powell takes ...
The Federal Reserve holds firm on interest rates after their latest meeting. The decision was expected as progress is bumpy ...
US GDP grew by 2.3% on an annualised basis in the final quarter, according to the Bureau of Economic Analysis. This was slower than the 2.6% annualised growth expected by economists polled by Reuters.
Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth Social platform, Trump went on the attack: Because Jay Powell and the Fed ...
The new data were published Thursday by the Bureau of Economic Analysis in its report for gross domestic product for the fourth quarter.
LONDON (Reuters) - The first central bank meetings of 2025 suggest it will be a year in which policymakers go their own way as economic paths diverge, as the United States holds interest rates steady, ...
The Fed said the job market is “solid,” and noted that the unemployment rate “has stabilized at a low level in recent months.
The Federal Reserve decided to delay additional rate cuts for now and keep interest rates unchanged at its first meeting of ...
The federal funds rate and mortgage interest rates are often expected to move together, but they haven’t lately. Here’s why.
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