Fed holds key interest rate steady as economic view improves

  • The Federal Reserve held its key interest steady in a range between 3.5% and 3.75% after a recent run of interest rate cuts.
  • “Available indicators suggest that economic activity has been expanding at a solid pace. Job gains have remained low, and the unemployment rate has shown some signs of stabilization,” the central bank said in its post-meeting statement. “Inflation remains somewhat elevated.” 

https://www.cnbc.com/2026/01/28/fed-rate-decision-january-2026.html

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