New Delhi, Jan. 29 -- The United States Federal Reserve's Federal Open Market Committee (FOMC), after its two-day policy meeting, decided to keep key interest steady in the range of 3.50% to 3.75%, according to the official statement released on Wednesday, 28 January 2025.

The steady rates come after the central bank cut benchmark rates three times in a row. The US central bank has lowered its benchmark interest rates starting from September 2025. The Federal Reserve has cut a total of 75 basis points in 2025, after it kept the interest rates unchanged from December 2024.

Here are five key highlights from the US Federal Reserve's policy decision and Chairman Jerome Powell's speech from 28 January 2026 -

Federal Reserve Chairman Jerome ...