Page 15 - Us Fed News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The US monetary policy committee in its statement said that the recent indicators suggested that economic activity has been expanding at a solid pace.

The three major U.S. stock indexes were already weighed down by weakness in tech and tech-adjacent megacap stocks the day after disappointing Alphabet results.

Investors' focus will be on the Budget even though it is a vote on account, Since it is colliding with the US Fed outcome where rates were kept unchanged, analysts expect markets to see some volatility.

The US Federal Reserve has decided to maintain its key interest rate, signaling a shift in their approach. Fed Chair Jerome Powell stated that a rate cut in March is unlikely, but potential reductions may occur later in the year. The decision comes as the Fed seeks more assurance of inflation decline before taking action. The anticipation of rate cuts has led to mixed reactions in the financial markets.

The US Federal Reserve Bank has kept the interest rate unchanged for the fourth consecutive time after its customary two-day meeting, saying the "economic outlook is uncertain" despite the economy was "expanding at a solid pace".