Federal Reserve’s FOMC Meeting and Interest Rate Decision
On January 29, 2025, the Federal Open Market Committee (FOMC) of the Federal Reserve concluded its two-day meeting. The committee decided to maintain the federal funds rate within the target range of 4.25% to 4.50%. This decision marks a pause after three consecutive rate cuts in previous meetings. Economic Assessment Rationale for Holding Rates Steady […]
U.S. Consumer Price Index (CPI) December Report 2024
In December, the U.S. Consumer Price Index (CPI) report 2024 indicated a nuanced inflation landscape. The headline annual inflation rate rose to 2.9%, up from 2.7% in November. Conversely, core inflation, which excludes volatile food and energy prices, slightly decreased to 3.2% from 3.3% in the previous month. Energy Prices Drive Headline Inflation A significant […]