Fed holds rates steady, hitting pause after series of cuts
The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to account for progress already made on getting inflation down. Over the course of three meetings, the Fed lowered rates by a full percentage point to a range of 4.25 percent to 4.5 percent, which was maintained on Wednesday.
As was expected, the FOMC announced it would hold its federal funds rate target at 4.25-4.5 percent. This ended the ...
The Trump administration ordered a temporary pause on federal grants, loans and financial assistance. What we know so far ...
The White House will pause federal grants and loans, as President Donald Trump works to ensure all federal spending aligns ...
The Federal government issued an executive order to pause all payments of federal assistance as of 5:00 January 28th ...
Entities in Franklin County have a lot riding on the outcome of President Trump's decision to pause federal funding.
The full extent of the order was not immediately clear, but the directive sent to government agencies on Monday threatened to ...
The federal freeze on the funding sparked outrage among Gen Z and Gen Alpha who rely on key resources like the FAFSA to ...
Many are in limbo, unsure whether the funding they were banking on will survive the ideological scrutiny of the new ...
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