Fed hold rates steady, says job market is 'solid' while inflation 'remains somewhat elevated'
- Posted on January 29, 2025
- By Star Tribune
- 6 Views
Fed hold rates steady, says job market is 'solid' while inflation 'remains somewhat elevated'
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.
