The Federal Reserve has just concluded its first policy meeting of 2025, and the verdict is in. The Fed has decided to *pause interest rates*, keeping them steady after a series of hikes aimed at combating inflation ¹.
This move was largely anticipated by market analysts, who expected the Fed to take a breather after raising rates by 5.25 percentage points since March 2022. The central bank's goal is to keep inflation in check while supporting economic growth.
The Fed's decision has sent ripples through the markets, with *Wall Street stocks drifting* ahead of the announcement. The S&P 500 and Nasdaq slipped, while the Dow Jones Industrial Average rose slightly ¹.
In other related news, *gold prices held steady* as investors awaited the Fed's decision. Spot gold eased 0.2% to $2,756.49 per ounce, while US gold futures rose 0.1% to $2,770.70 ¹.
The Fed's next move will be closely watched, as investors try to gauge the central bank's future policy direction. Stay tuned for more updates!
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