The Fed Listens initiative aims to engage a wide range of stakeholders to hear how the economy is progressing across the United States. Learn More. Last Update: January 29, 2025. The Federal Reserve Board of Governors in Washington DC.

1 day ago · The Federal Reserve held interest rates steady. The U.S. central bank dropped language that inflation "has made progress" towards the 2% inflation goal.

1 day ago · Americans struggling with credit card debt, record number only making minimum payments 02:18. The Federal Reserve said Wednesday that it will leave its benchmark rate unchanged, hitting the brakes ...

1 day ago · After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and rising inflation risks. Jerome H. Powell, the Fed chair, said the central ...

2 days ago · After raising the federal funds rate to a 23-year high to curb a pandemic-related price surge in 2022 and 2023, the Fed slashed it as its preferred annual inflation measure fell from 5.6% in early ...

2 days ago · The Federal Reserve will almost certainly begin 2025 by keeping interest rates on hold at between 4.25 to 4.5 per cent. After a combined 1 percentage point of interest rate cuts over the central ...

2 days ago · The Federal Reserve has made the following decisions to implement the monetary policy stance announced by the Federal Open Market Committee in its statement on January 29, 2025: The Board of Governors of the Federal Reserve System voted unanimously to maintain the interest rate paid on reserve balances at 4.4 percent, effective January 30, 2025.

Dec 18, 2024 · The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year than it previously envisioned, largely because of still-elevated inflation.

WASHINGTON (AP) — Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace of interest rate cuts this year in the face of persistently elevated inflation and the threat of widespread tariffs and other potential policy changes.

Feb 5, 2024 · WASHINGTON (AP) — Chair Jerome Powell said in an interview broadcast Sunday night that the Federal Reserve remains on track to cut interest rates three times this year, a move that’s expected to begin as early as May.