New Delhi, Jan. 30 -- The US Federal Reserve announced its first monetary policy decision for 2025 under the Trump Presidency after a two-day Federal Open Market Committee (FOMC) meeting and left the benchmark interest rate steady at 4.25-4.50 per cent. The decision comes after US Fed chair Jerome Powell-led rate-setting panel last cut the federal funds rate for three straight meetings after kicking off its policy easing cycle in September 2024 for the first time in four years.

MORE TO COME

Published by HT Digital Content Services with permission from MINT....