U.S. Federal Reserve Holds its Benchmark FED Funds Rate at Range 3.5% to 3.75%

The Federal Reserve announced that it is holding its benchmark federal funds rate steady at a target range of 3.5% to 3.75%. This marks the second consecutive meeting in 2026 where the FOMC has paused rate changes, following three 25-basis-point cuts late in 2025 (September, October, and December). The decision was made by an 11-1

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