Banking and Lending

Fed Hold Rates Steady, Says Job Market Is ‘Solid’

Fed Hold Rates Steady, Says Job Market Is ‘Solid’

By Christopher Rugaber | The Associated Press | January 30, 2025 | Reprints | Unlock Link

The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to gauge where inflation is headed and what policies President Donald Trump may pursue.