TechFlow news, January 30 — In the early hours today, the Federal Reserve announced it would keep the federal funds rate target range unchanged at 4.25%-4.5%. The statement noted that recent economic activity continues to expand solidly, unemployment remains low, but inflation is still relatively high. The Fed stated it will continue reducing its holdings of U.S. Treasury securities, agency debt, and agency mortgage-backed securities (MBS), and will closely monitor incoming economic data, evolving outlook, and risks to assess future policy adjustments.
According to data from the CME FedWatch Tool, market expectations indicate a 77% probability that the Federal Reserve will maintain the current interest rate range of 4.25%-4.50% in March 2025, and a 23% probability of a rate cut to the 4.00%-4.25% range.
