South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
BOJ Rate Decision in Focus as Yen Weakness and Inflation Shape Market Outlook 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
Fed Confirms Rate Meeting Schedule Despite Severe Winter Storm in Washington D.C. 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
The Federal Open Market Committee held its benchmark interest rate steady within the 3.5%-3.75% target range, following three successive quarter-point "risk management" reduction in recent sessions. The move, which markets had generally anticipated, indicates a change toward a wait-and-see attitude as policymakers analyze the impact of previous easing measures.
The Fed's announcement took a more balanced tone, eliminating previous language emphasizing significant downside risks to employment. It also revised its labor market assessment, stating that job growth is "remaining low" and the unemployment rate is exhibiting early signs of stabilization. At the same time, the Committee raised its assessment of economic activity, describing it as "solid" rather than "moderate."
Inflation remains "somewhat elevated," however the Fed has deleted previous allusions to rising prices, reflecting recent lower inflation statistics. Ten policymakers backed the decision, while Stephen Miran and Christopher Waller disagreed, seeking another quarter-point rate cut.
With policy rates now closer to neutral levels, the Fed has decided to stop and closely analyze how last year's easing cycle affects the broader economy.
