Fed holds rates steady at the top of the neutral range | Metals Mine

  • Fed holds rates steady at the top of the neutral range

    From think.ing.com

    The Federal Reserve held policy rates steady in a 10-2 vote as widely expected. Both Governors Stephen Miran and Chris Waller voted for 25bp cuts as we suspected. Remember this is Stephen Miran’s last meeting with his term ending on Saturday. Chris Waller’s name continues to be mentioned in connection with the Fed Chair position, but he is now seen in a distant third place behind both Rick Rieder and Kevin Warsh by prediction markets. The key takeaway is a slightly hawkish twist to the accompanying statement and press conference. At the December FOMC meeting, officials stated that, "downside risks to ... (full story)

Comment Options
unemployed
Jan 28, 2026 9:05pm
Permalink
This widely anticipated decision reflects the Fed's cautious stance in light of persistent inflationary pressures, especially within services, despite a cooling trend from peak PCE levels. With strong labor market conditions and steady economic growth reducing the need for immediate intervention, the central bank is prioritizing sustained evidence that inflation is converging to 2%. As a result, any potential rate cuts are now more likely to be delayed until later in the year, such as July or September, unless incoming data shows a marked change.
Reply

  • Related Stories

Fed Holds Rates Steady, Hints at Improved Economy
From schwab.com | Jan 28, 2026
The Federal Open Market Committee (FOMC) paused rates today at its January meeting, ending a string of three cuts in a row late last year. The decision was no surprise, and markets are priced for steady policy the next few months as inflation remains above target and unemployment is low despite the slowdown in hiring. Moreover, financial conditions are ...
Despite Two Dovish Dissents, Fed Holds Rates As Expected; Upgrades Growth, Lowers Labor Risks
From zerohedge.com | Jan 28, 2026 | 1 comment
Despite two dovish dissents, The Fed is likely on an “extended pause” noting strong activity data and signs of stabilization in the labor market. However, Goldman "expects easing to resume later in the year as a moderation in inflation allows for two further ‘normalization’ cuts to take rates back to levels seen by the median FOMC member as neutral.” ...
With the Fed expected to hold rates today, the question is when to expect the next cut
From finance.yahoo.com | Jan 28, 2026 | 2 comments
With the Federal Reserve widely expected to hold interest rates steady Wednesday afternoon, all eyes are on Fed Chair Jerome Powell’s press conference and what clues he provides about when the central bank could cut rates again. Numerous signs point to not anytime soon. After making three rate cuts at the end of last year to address concerns over the job ...
  • Story Stats