Fed leaves rates unchanged, sees no hurry to cut again
- Posted on January 30, 2025
- By Bing News
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Fed leaves rates unchanged, sees no hurry to cut again
By Howard Schneider, Michael S. Derby WASHINGTON (Reuters) -The U.S. central bank held interest rates steady on Wednesday and Federal Reserve Chair Jerome Powell said there would be no rush to cut them again until inflation and jobs data made it appropriate. The decision and Powell's comments put Fed policy in a holding pattern at a time when the U.S. economic landscape seems both stable and