The fed funds rate, which influences borrowing costs on all kinds of loans, is now a full percentage point below the 20-year high where it had been held for more than a year to combat inflation.

8 Federal funds target rate 6 No change 4 RECESSIONS 2 The Fed held interest rates steady at its first meeting of 2025 as the central bank embarked on a new phase of policy-setting after a series ...

The Federal Reserve hit the pause button on recent interest rate cuts, entering a new wait-and-see phase as it tries to determine whether and how much more to lower rates from a recent two-decade ...

The Federal Reserve ... phase yet,” policymakers are in a new chapter in the rate policy process after lowering interest rates by a full percentage point in recent months. The fed-funds rate is ...

Borrowers hoping for more financial relief from the Federal Reserve may have a wait on their hands, as the central bank is hit the pause button on additional rate cuts at its Jan. 29 meeting.

The Fed rate cuts made since September have "notably reduced the restrictiveness of monetary policy," she added. The Fed has now lowered short ... with a peak of 5.6% in September 2022.

Central bank policymakers are widely expected to stand pat on interest rates. Investors await further details from Fed Chair Jerome Powell’s press conference.