Fed Unveils Stablecoin Rules Under GENIUS Act 
RBA Says ASX Still Falls Short on Governance and Risk Controls 
Fed’s Hammack Says Bond Yield Surge Is Not Driven by Inflation Fears 
Nvidia China Chip Sales Report Sends Chinese Semiconductor Stocks Lower 
BOJ Set for Rate Hike as Inflation and Yen Pressure Mount 
US Alcohol Ban Exposes Canada’s Internal Trade Barriers 
China Industrial Profit Growth Slows as Weak Demand Offsets AI Gains 
UK Housebuilder Stocks Surge on New First-Time Buyer Loan Scheme 
Central Banks Could Buy 20,000 Tonnes of Gold: BofA 
U.S. Stock Futures Steady as AI, Rate Concerns Weigh 
Australia Budget Deficit Narrows to A$22.3 Billion on Stronger Tax Revenue 
US Dollar Hits Two-Month High as Aussie, Pound Slide 
Yen in Focus as BOJ, Fed Rate Hikes Reshape Currency Markets 
Add as a preferred source on Google
The Federal Reserve’s January Federal Open Market Committee (FOMC) minutes reveal that nearly all policymakers supported keeping interest rates unchanged, while leaving the door open for possible rate hikes if inflation remains above the 2% target. The decision follows three consecutive 25-basis-point rate cuts, bringing the federal funds rate to a range of 3.50%–3.75%. Officials said the current monetary policy stance is appropriate given steady economic growth and labor market conditions.
Recent economic data has strengthened the Fed’s cautious approach. A stronger-than-expected nonfarm payrolls report and moderating consumer inflation figures have provided policymakers with flexibility to maintain current rates while evaluating future economic indicators. Although inflation has cooled on a month-over-month basis according to the latest Consumer Price Index (CPI) report, it remains somewhat elevated. The Fed continues to rely more heavily on the Personal Consumption Expenditures (PCE) price index, with the next reading due soon.
Meeting participants noted that economic activity is expanding at a solid pace, while job gains have slowed and unemployment has shown signs of stabilizing. While most officials favored holding rates steady, a couple preferred an additional rate cut. Several policymakers also supported adopting a “two-sided” policy outlook, signaling that upward rate adjustments could be considered if inflation pressures persist.
According to the CME FedWatch Tool, financial markets currently expect the Fed to resume rate cuts as early as June with a 25-basis-point reduction. However, some FOMC members indicated that further easing may not be necessary until inflation clearly returns to a sustained downward path.
The minutes arrive amid uncertainty surrounding Federal Reserve leadership and concerns about central bank independence. Market reaction was muted, though Wall Street trimmed gains slightly after the release. Investors continue to monitor S&P 500 ETFs such as SPY, VOO, and IVV as interest rate expectations evolve.
