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 ...

Federal Reserve decides to keep interest rates steady - Reportify