Federal Reserve keeps interest rates unchanged even as Trump continues to insist they be lowered
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January 28, 2026 11:50 AM
WASHINGTON (AP) — The Federal Reserve pushed the pause button on its interest rate cuts Wednesday, leaving its key rate unchanged at about 3.6% after lowering it three times last year.
The central bank said in a statement that there are signs the job market has stabilized while it also said growth was “solid,” an upgrade from last month’s characterization as “modest.”
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