Fed holds rates steady, takes less confident view on inflation

Fed holds rates steady, takes less confident view on inflation


Key Points
  • The Federal Reserve left unchanged its overnight borrowing rate in a range between 4.25%-4.5%.
  • The decision followed three straight cuts since September 2024.
  • The post-meeting statement offered a somewhat more optimistic view on the labor market while dropping a key reference from the December statement that inflation “has made progress toward” the Fed’s 2% inflation goal.



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