FOMC decision and Powell’s press conference

FOMC Statement and Powell’s Press Conference Afterward

January 28, 2026

Changes made to the text of today’s statement and voting results at the meeting support today’s decision to pause interest rate cutting after 25-basis point reductions at each of last year’s final three meetings. Stephen Miran, Trump’s temporary appointment to fulfill the governorship vacancy after Adriana Kugler had resigned, cut his dissenting vote to a […] More

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