It cut its target rate by another 25 bps in November, and again in December. In its January 2025 meeting, however, the Fed decided to hold the federal funds rate steady at 4.25% to 4.50%.
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Will Ferrell and Reese Witherspoon are rivals who crash each other's wedding parties in the unfunny Prime Video rom-com "You're Cordially Invited." ...
At the conclusion of its first rate-setting policy meeting of 2025 on January 29, 2025, the Federal Reserve announced it was leaving the federal funds target interest rate at 4.25% to 4.50% ...