Federal Reserve Continues Rate Hikes
This is a news story, published by Yahoo Finance, that relates primarily to The Federal Reserve news.
News about interest rates
For more interest rates news, you can click here:
more interest rates newsYahoo Finance news
For more news from Yahoo Finance, you can click here:
more news from Yahoo FinanceAbout the Otherweb
Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like this article about interest rates, you might also like this article about
CPI inflation. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest fed funds target rate news, inflation news, news about interest rates, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
Federal ReserveYahoo Finance
•Business
Business & Economics
3M Company (MMM) Stock Forecasts
77% Informative
The Federal Reserve maintained its fed funds target rate at the 4.25 - 4.50% level.
This was the first meeting at which the central bank held policy steady after having cut rates three times in a row in late 2024.
The non-decision indicates that the Fed still has concerns over lingering inflation as well as its eye on the overall economy.