Last updated: 2026-01-28 22:46:41 ET
The Federal Reserve held interest rates steady on Wednesday, marking its first pause after three consecutive cuts in 2025. CBS News coordinating produ...
The Federal Reserve on Wednesday released its decision on interest rates.
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 central bank opted for its first pause after three rate cuts last year, as officials wait for clearer signs that inflation is cooling.
In an unsurprising move, the Fed on Wednesday held interest rates in the current range – despite a criminal probe into Chair Jerome Powell and inten...
Inflation is elevated but steady and the job market is holding up, leading economists to predict that the Federal Reserve will keep interest rates at ...
Fed meeting updates: Powell expected to hold interest rates steady in first decision of 2026
The central bank is expected to hold interest rates steady on Wednesday after a series of reductions in the latter half of 2025. The big question is h...
Ten of 12 analysts polled foresaw no change in the bank’s 2.25% benchmark rate for the entirety of this year.
