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Fed Keeps Interest Rates Steady In First Meeting Of 2026
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Worthy Christian News
By Andrew Rice | The Center Square(Worthy News) – The Federal Reserve kept interest rates steady in its first meeting of 2026, as economists expected.
Federal Reserve officials kept lending rates between 3.5-3.75% after issuing three cuts last year.
In a statement, officials pointed to low job gains and stabilization in the unemployment rate behind their decision.
The January inflation report, based on December 2025 data, revealed a 2.7% inflation rate.
Two governors on the board, Stephen Miran and Christopher Waller, voted against keeping the rates steady, instead suggesting lowering rates by 0.25%.