Federal Reserve System, interest rate
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The Federal Open Market Committee kept the federal funds rate steady, following three rate cuts last year.
The central bank cut rates at its three previous meetings in an effort to support the job market. But with inflation still elevated, the Fed is cautious about additional rate cuts.
The Fed and chair Jerome Powell are likely to hold interest rates steady as he faces a criminal investigation launched by President Donald Trump's close ally.
President Trump has demanded that Fed Chair Jerome Powell cut rates. But it isn’t the Fed chair alone who sets them. Here is who does.
The Federal Reserve concluded its last meeting of the year with a widely anticipated 25 basis point cut to the federal funds rate (FFR), bringing it to a range of 3.50-3.75%. Inflation has proven sticky over the past few years, never quite reaching that 2% ...
The Federal Reserve cut interest rates for a third time this year, but officials were divided over their next move. Jerome Powell, the central bank’s chair, said “we haven’t made any decision about January.” Note: Data represents the lower, upper ...
In a reflection of the emerging divide developing at the Federal Reserve over monetary policy, minutes released Tuesday of the central bank’s last meeting of 2025 showed a Fed divided between worries about a slowing labor market and persistent inflation.