US Federal Reserve Keeps Interest Rates Unchanged Amid Economic Uncertainty
Washington: The US Federal Reserve decided to keep its key interest rate unchanged at its first monetary policy meeting of 2026, citing continued uncertainty surrounding the economic outlook.
In a statement issued after the meeting, the central bank said it maintained the benchmark overnight lending rate within a range of 3.50 percent to 3.75 percent.
The Federal Reserve noted that the unemployment rate has shown signs of stabilizing, while job gains remain modest, reflecting a labour market that continues to cool gradually amid broader economic challenges.
The decision to hold interest rates steady was approved by 10 members of the Federal Open Market Committee, while two members dissented, favoring a 25-basis-point rate cut.
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