In a move widely anticipated by markets, the Federal Open Market Committee cut its overnight borrowing rate to a target range of 4.25%-4.5%, back to the level where it was in. Live Updates: Fed Expected to Pause Rate-Cutting Campaign After lowering interest rates by a full percentage point last year, officials at the central bank are weighing a. Federal Reserve officials made their third and final rate cut of 2024 at their meeting on Wednesday. They also forecast two fewer rate reductions in 2025 than they had previously. The Federal Reserve is set to deliver its first interest rate decision of the year in what is the headline event on today’s central bank calendar. The Fed is widely expected to. Federal Reserve officials are expected to leave interest rates steady when they emerge from their first policy meeting of the second Trump administration Wednesday.
The Federal Reserve is widely expected to make no change to its benchmark federal funds rate at its January meeting, a decision to be announced today. In its first key decision of President Donald Trump’s second term, the Federal Reserve is widely expected to hit pause on rate cuts Wednesday. Federal Reserve officials are expected to leave interest rates steady when they emerge from their first policy meeting of the second Trump administration Wednesday.
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