Fed hold rates steady, says job market is 'solid' while inflation 'remains somewhat elevated' Federal Reserve Chairman Jerome Powell speaks during a news conference after the Federal Open Market Committee meeting, Wednesday, Jan. 29, 2025, at the Federal Reserve in Washington. (AP Photo/Jacquelyn Martin)
Federal Reserve Chairman Jerome Powell during a news conference after the Federal Open Market Committee meeting, Wednesday, Jan. 29, 2025, at the Federal Reserve in Washington. (AP Photo/Jacquelyn Martin)
Screens display a news conference by Federal Reserve Chair Jerome Powell on the floor of the New York Stock Exchange in New York, Wednesday, Jan. 29, 2025. (AP Photo/Seth Wenig)
Federal Reserve Chairman Jerome Powell speaks during a news conference after the Federal Open Market Committee meeting, Wednesday, Jan. 29, 2025, at the Federal Reserve in Washington. (AP Photo/Jacquelyn Martin)
Federal Reserve Chairman Jerome Powell speaks during a news conference after the Federal Open Market Committee meeting, Wednesday, Jan. 29, 2025, at the Federal Reserve in Washington. (AP Photo/Jacquelyn Martin)
Federal Reserve Chairman Jerome Powell speaks during a news conference after the Federal Open Market Committee meeting, Wednesday, Jan. 29, 2025, at the Federal Reserve in Washington. (AP Photo/Jacquelyn Martin)
Federal Reserve Chairman Jerome Powell speaks during a news conference after the Federal Open Market Committee meeting, Wednesday, Jan. 29, 2025, at the Federal Reserve in Washington. (AP Photo/Jacquelyn Martin)
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Federal Reserve Chairman Jerome Powell speaks during a news conference after the Federal Open Market Committee meeting, Wednesday, Jan. 29, 2025, at the Federal Reserve in Washington. (AP Photo/Jacquelyn Martin)