Fed hold rates steady, sees inflation as ‘elevated,’ as Powell declines comment on Trump
- Posted on January 29, 2025
- By Chicago Tribune
- 3 Views
Fed hold rates steady, sees inflation as ‘elevated,’ as Powell declines comment on Trump
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 inflatio…