Fed holds interest rates steady
Digest more
Kevin Warsh’s long road to Fed chair
Digest more
Federal Reserve officials are expected to keep their short-term interest rate unchanged Wednesday after three cuts last year, ignoring huge pressure for lower borrowing costs from the White House in f
By Howard Schneider and Ann Saphir WASHINGTON, Jan 28 (Reuters) - The Federal Reserve held interest rates steady on Wednesday amid what U.S. central bank chief Jerome Powell described as a solid economy and diminished risks to both inflation and employment,