The Fed’s benchmark rate stands at about 4.6 percent. In an effort to tamp down sky-high inflation, the central bank began lifting rates rapidly — from near zero to a high of. Fed Meeting Today: Fed Stands Pat; Powell Speaks Soon. Central bank kept rates steady in first meeting of 2025. Investors will watch for clues on the next move from Fed chair's. The two-day FOMC meeting (January 28–29) will conclude today at 2 p.m. ET (12:30 a.m. IST, Thursday) with Fed Chair Jerome Powell announcing the decision. 21:52. The FOMC will announce its rate decision at 2 p.m. Eastern time and release its updated Summary of Economic Projections then, too. Fed Chair Jerome Powell will hold a. 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.
Tuesday’s election didn’t alter the Federal Open Market Committee’s policy path, with officials moving ahead with a rate cut as expected before the vote. The latest decision. Welcome to our TOPLive blog on the Federal Open Market Committee’s interest-rate decision. Join us starting at 1:45 p.m. New York time, 15 minutes before the statement is. 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. Fed Rate Meeting Live: First US central bank decision since Trump took office By Kylie Maclellan , Stephen Farrell , Zoe Law , Vanessa Balintec , Mark Porter and Hani Richter.
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