ConnexionThe Fed Holds Rates Steady, Hitting Pause After a Series of Cuts
The U.S. central bank did not cut borrowing costs amid a solid economy and rising inflation risks.
© Karl Russell
© Jeenah Moon for The New York Times
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The Fed Is About to Hit Pause on Rate Cuts. Here’s Why.
Faced with a solid economy and mounting inflation concerns, the U.S. central bank has said it will “move cautiously” on cutting interest rates.
Jerome H. Powell, the Federal Reserve chair, said in December that the central bank would “move cautiously” on rate cuts going forward.
The Fed Is About to Hit Pause on Rate Cuts. Here’s Why.
Faced with a solid economy and mounting inflation concerns, the U.S. central bank has said it will “move cautiously” on cutting interest rates.
Jerome H. Powell, the Federal Reserve chair, said in December that the central bank would “move cautiously” on rate cuts going forward.
© Jeenah Moon for The New York Times
