After a two-day meeting of its monetary policy committee in Washington, the Fed announced it would hold its rate target at 4.25% to 4.50%.

With inflation accelerating again, and the labor market on reasonably solid footing, the Fed pivoted back to wait-and-see. Read more here.

Op-ed views and opinions expressed are solely those of the author. The Bureau of Labor Statistics just released the monthly increase in the Consumer Price Index for […] ...

The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.

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The easing inflationary pressures at the end of 2024 have strengthened the case for a potential interest rate cut by the RBA ...