Toni Husbands

1 week ago | cnet.com | Toni Husbands |Kelly Ernst

To no one's great surprise, the Federal Reserve paused interest rates again today, keeping them at a target range of 4.25% to 4.5%. It's the third time the Fed has paused rates this year.

3 weeks ago | cnet.com | Toni Husbands |Liliana Hall

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3 weeks ago | cnet.com | Toni Husbands

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Jan 29, 2025 | cnet.com | Toni Husbands

After cutting interest rates at its last three meetings, the Federal Reserve opted to pause rates today, keeping them at a target range of 4.25% to 4.5%. In its post-meeting statement, the Fed noted that "economic activity has continued to expand at a solid pace," but "the economic outlook is uncertain." Pausing rates allows the Fed to see how factors like the new administration's policies affect inflation and other economic indicators.

Dec 18, 2024 | cnet.com | Toni Husbands

As expected, the Federal Reserve cut interest rates by 25 basis points at its December meeting today, bringing them to a target range of 4.25% to 4.50%. While inflation has yet to reach the Fed's 2% target, the Fed expressed optimism in its post-meeting statement, saying that "economic activity has continued to expand at a solid pace."For savers, the Fed's move is less promising.