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.
The Federal Reserve's future moves on interest rates in 2025 will be in a narrow range unless the trajectory of inflation ...
IBM projected constant currency revenue to grow 5% in the full year, above estimates for 4.81% growth. Meanwhile, the company ...
Developers say new downtown construction won’t grind to a halt. Some projects will score financing and the number of ...
The Indian rupee is likely to stay on the defensive on Thursday, after the U.S. Federal Reserve expectedly kept interest ...
Federal Reserve Chair Jerome Powell says that the central bank is still waiting to see what policies the Trump administration will implement before it comes to a firm view of their likely economic ...
The yield on the benchmark U.S. 10-year Treasury rose 4 basis points to 4.589%, while the 2-year Treasury yield also added 4 basis points to 4.248%. One basis point is equal to 0.
The Federal Reserve will almost certainly begin 2025 by keeping interest rates on hold at between 4.25 to 4.5 per cent. After a combined 1 percentage point of interest rate cuts over the central ...
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