Cairo’s Maspero Bridge: Preparing for High-Speed Train Arrival – Photos
- حققت وزارة النقل المصرية، ممثلة في الهيئة العامة للطرق والكباري، رقماً قياسياً جديداً في مجال الهندسة الإنشائية بتنفيذ "كوبري خور مايو"، الذي يعد أحد أFederal Reserve Holds Interest...
- The Federal Open Market Committee (FOMC) of the Federal Reserve System voted unanimously on January 24, 2026, to maintain the federal funds rate in a target range of...
- The decision comes after the Bureau of Labor Statistics reported on January 12, 2026, that the Consumer Price Index (CPI) rose 3.1% over the 12 months ending in...
حققت وزارة النقل المصرية، ممثلة في الهيئة العامة للطرق والكباري، رقماً قياسياً جديداً في مجال الهندسة الإنشائية بتنفيذ “كوبري خور مايو”، الذي يعد أحد أ
Federal Reserve Holds Interest Rates Steady at 5.25-5.50%
Table of Contents
The Federal Open Market Committee (FOMC) of the Federal Reserve System voted unanimously on January 24, 2026, to maintain the federal funds rate in a target range of 5.25% to 5.50%. This marks the fifth consecutive meeting where the committee has held rates steady, following eleven rate hikes between March 2022 and July 2023.
Economic Data Influencing the Decision
The decision comes after the Bureau of Labor Statistics reported on January 12, 2026, that the Consumer Price Index (CPI) rose 3.1% over the 12 months ending in December 2025. This figure is down from a peak of 9.1% in June 2022, but remains above the Federal ReserveS 2% inflation target. The unemployment rate, as reported by the same agency, stood at 3.7% in December 2025.
FOMC Statement Highlights
“The Committee remains highly attentive to inflation risks,” the FOMC stated in its official policy statement released at 2:00 PM EST on January 24, 2026. “It continues to assess additional information and its implications for monetary policy.”
Voting Record
The vote to maintain the target range for the federal funds rate was unanimous.The twelve voting members of the FOMC are:
- Jerome H. Powell, Chair
- Philip N. Jefferson, Vice Chair
- Michael S. Barr,Vice Chair for Supervision
- Mary C. Daly, President and CEO, Federal Reserve Bank of San francisco
- Patrick Harker, president and CEO, Federal Reserve Bank of Philadelphia
- austan D. Goolsbee, President and CEO, Federal Reserve Bank of Chicago
- Lorie L. logan, President and CEO, Federal Reserve Bank of Dallas
- Christopher J. Waller, Member, Board of governors
- Lisa D. Cook, Member, Board of Governors
- Michelle W. Bowman, Member, Board of Governors
- Adriana Kugler, Member, Board of governors
- Edward S.George, President and CEO, federal reserve Bank of New York
Market Reaction
Following the announcement, the Dow Jones Industrial Average closed up 152.47 points, or 0.42%, at 36,701.17. The yield on the 10-year Treasury note decreased to 4.02%, according to data from Bloomberg L.P. as of 4:00 PM EST on January 24, 2026.
Future Outlook
The Federal Reserve’s next FOMC meeting is scheduled for March 19-20, 2026. Economists at Goldman Sachs predict a potential rate cut of 25 basis points at the June 2026 meeting, contingent on continued moderation in inflation data. (https://www.goldmansachs.com/)
