Fed holds key interest rate steady as economic view improves
Source: CNBC
Published Wed, Jan 28 2026 2:00 PM EST Updated 3 Min Ago
The Federal Reserve on Wednesday voted to take a break from a recent run of interest rate cuts, as the central bank navigates questions about its independence and awaits a new leader.
Meeting market expectations, the central banks Federal Open Market Committee voted to keep its key interest rate in a range between 3.5%-3.75%. The decision put a halt to three consecutive quarter percentage point reductions, billed as maintenance moves to guard against potential downturns in the labor market.
In voting to hold the line, the committee also upped its assessment of economic growth. It also eased its concerns about the labor market as compared to inflation.
Available indicators suggest that economic activity has been expanding at a solid pace. Job gains have remained low, and the unemployment rate has shown some signs of stabilization, the post-meeting statement said. Inflation remains somewhat elevated.
Read more: https://www.cnbc.com/2026/01/28/fed-rate-decision-january-2026.html
Watching for this -

gab13by13
(31,490 posts)to make the economy look good. What Krasnov really wants to do is crash the dollar and the best way to crash the dollar is to lower interest rates to zero.
Bwahaha. Maybe the Fed will raise interest rates after Krasnov puts out the next economic report. GDP at 4.4% is a freaking joke.
Ray Bruns
(6,055 posts)Let the ketchup throwing commence.
BumRushDaShow
(166,673 posts)mdbl
(8,197 posts)and all of us with it.
twodogsbarking
(17,762 posts)BumRushDaShow
(166,673 posts)So once that happens, he'll be able to ketchup even faster!!
CountAllVotes
(22,129 posts)It seems a friend of the Fed is a friend of mine!
Sally forth Chairman Powell!

Dump calling Chairman Powell out for being a Deadhead ...