Federal Reserve governors voted to hold interest rates flat in a widely expected decision that was signaled at January's central bank meeting but later complicated by the outbreak of war in the Middle East. It was the second time in two meetings that central bankers opted for no action after shaving 75 basis points off the Fed’s benchmark rate across the last three Federal Open Market Committee meetings of 2025.
The vote is a signal that the central bank is holding on to a wait-and-see policy articulated by Federal Reserve Chairman Jerome Powell in January as whipsawing tariffs and an immigration crackdown rippled through the economy but before the U.S. began an intense bombing campaign in Iran...
RSK: I doubt if this was a surprise to anyone.
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- - Volume: 26 - WEEK: 13 Date: 3/24/2026 4:22:57 PM -