The US central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday.

Faced with the threat of rising inflation, the U.S. Federal Reserve will wait until next quarter before cutting rates again, ...

After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and ...

Most economists also predict the Fed will hold off on cutting at its March 19 ... Fed's flurry of rate cuts that started in September 2024 which have pushed down the federal funds rate by one ...

Starting in September, the FOMC lowered the federal funds ... rate pause will continue past the March 19 gathering: As of Jan. 29, the CME FedWatch Tool predicts only a 23% chance of a cut ...

As a result, the Fed recently reduced its forecast for interest rate cuts in 2025 ... Between March 2022 and August 2023, it raised the federal funds rate from 0.1% to 5.33%.

Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is unlikely to cut rates in January.

The federal funds ... to cut interest rates a fourth consecutive time when it wraps up its two-day meeting on Jan. 29. Experts say a cut at the Fed’s next rate-setting gathering in March might ...

Traders in the fed-funds futures market largely expect the Fed will keep its benchmark rate at its current target range of 4.25% to 4.5% at its next two policy meetings in January and March ...

After soaring to a 40-year high in 2022, the rate of inflation is trending lower, which allowed the Federal Reserve to cut ... March 2022 and August 2023, it raised the federal funds rate from ...