The Federal Reserve has maintained its benchmark interest rate at the 4.25% to 4.5% range, marking the fourth consecutive pause in rate adjustments this year, according to QI Research CEO and chief strategist Danielle DiMartino Booth.

Boston Fed President Susan Collins said Wednesday she thought the central bank should hold interest rates steady after having cut them at the past two meetings to make sure inflation is on a path down to the Federal Reserve’s 2% goal.

Policymakers cut rates twice earlier in 2025 to cushion the economy from fiscal gridlock and slowing growth. With the shutdown resolved and key indicators improving, officials are likely to hold rates steady when they meet in December.

The Federal Reserve held interest rates steady Wednesday following several months of higher-than-expected inflation, with investors now not expecting a rate cut until months from now. After a two-day meeting of its Federal Open Market Committee in ...

Stream Connecticut News for free, 24/7, wherever you are. WASHINGTON – The Federal Reserve in a closely watched decision Wednesday held the line on benchmark interest rates though still indicated that reductions are likely later in the year. Faced with ...

Federal Reserve Bank of Cleveland President Beth Hammack said the US central bank should hold rates steady to keep reducing inflation. “On balance, I think we need to remain somewhat restrictive to continue putting pressure to bring inflation down toward our target,

By Brijesh Patel (Reuters) -Gold prices inched higher on Monday as investors waited for a series of U.S. economic data this week that could shed more light on the Federal Reserve's interest rate path.

The Federal Reserve has decided to keep interest rates unchanged. Discover how this decision immediately affects your mortgage, credit card debt, and savings account.