Federal Reserve Maintains Funds Rate at 4.25% to 4.50% at January 2025 Meeting "The Federal Reserve ended its January 2025 meeting without changing the Federal Funds target rate or providing much more guidance for the direction for the rest of the year.
In its unanimous statement, the Fed says that the economic conditions remain strong and the economy is progressing towards the Fed's 2% inflation target.
The Fed says it is still considering its next move. Presumably, the Fed's guidance remains towards one or two quarter-point cuts in the course of 2025. The next meeting in March "
Fed Cuts Funds Rate to A 4.25/4.50% Target and Guides to Slowing Cuts in 2025 "As expected, the Federal Open Market Committee has ended its December 2024 meeting by cutting the Fed Funds rate by 25 basis points to a 4.25% to 4.50% target. The Fed's decision follows a 50 basis point cut in September and a 25 basis point cut in November. The Fed funds rate now stands a full percent below where it was just three months ago and where it had stood for most of 2024 (the Fed raised interest rates by 25 basis points in January for its final "