Key points:
The Federal Open Market Committee (FOMC) held the target federal funds rate steady today at 3.5% to 3.75%, in line with market expectations. The pause signals a desire to assess the effect of the Committee’s three consecutive cuts in late 2025 before moving further. The continuation of
Original Link: https://www.hiringlab.org/2026/01/28/january-2026-fomc-reaction-a-cautious-pause/