Fed holds key interest rate steady as economic view improves
CNBC·2026-01-29 03:01

"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 post-meeting statement said. "Inflation remains somewhat elevated."In voting to hold the line, the committee also upped its assessment of economic growth. It also eased its concerns about the labor market as compared to inflation.Meeting market expectations , the central bank's Federal Open Market Committee voted to keep i ...

Fed holds key interest rate steady as economic view improves - Reportify