Fed holds rates steady as inflation remains elevated
The Washington Post • • business
Key Points:
- The Federal Reserve decided to keep interest rates unchanged at its first meeting of the year, signaling a pause in rate adjustments.
- This decision follows three rate cuts at the end of 2025, which were intended to support the labor market amid slowing hiring.
- With job growth slowing but the economy remaining stable, the Fed indicated it can afford to be patient and monitor inflation trends.
- Policymakers noted that risks to the economy appear to be diminishing, allowing for a cautious approach moving forward.
