Federal Reserve leaves interest rates unchanged at 3.5% to 3.75% after three straight cuts.
Yahoo Finance·2026-01-28 19:24
No change. The Federal Reserve holding rates steady in the range of 3 and a half to 3 and 3/4%. Now, this was a split decision. Fed Federal Reserve governors Steven Myron and Chris Waller both dissenting preferring to cut rates by a quarter percentage point. Waller had indicated ahead of the meeting that he still has concerns about the health of the job market. Now, Fed officials upgraded their assessment of the economy to solid from moderate on the back of that strong third quarter GDP reading and expectat ...