Federal Reserve decides to keep interest rates steady
NBC News·2026-01-28 21:00
After three rate cuts last year, six rate cuts since 2024, the Fed now in a holding pattern here, not really giving many clues to when it could begin cutting interest rates again. 10 of the 12 members voted to keep rates steady. Two wanted a quarter point rate cut.So, the Fed keeps rates unchanged here. The Fed noting that the overall economy is growing at a solid pace. It gives them some breathing room here.They note that job gains have remained low, but the job market seems to have stabilized. At the same ...