Fed holds rates steady, signaling risks to economy are dropping
The central bank opted for its first pause after three rate cuts last year, as officials wait for clearer signs that inflation is cooling.
Last updated: 2026-01-30 02:27:46 ET
The central bank opted for its first pause after three rate cuts last year, as officials wait for clearer signs that inflation is cooling.
Federal Reserve officials are expected to keep their short-term interest rate unchanged Wednesday after three cuts last year, ignoring huge pressure for lower borrowing costs from the White House in favor of waiting to see how the economy evolves
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