Federal Reserve
The One-Cut Conundrum: Powell Signals Hawkish 'Hold' at 3.5% as S&P 500 Breaches 7,000
In a move that caught Wall Street's aggressive easing bulls off guard, the Federal Reserve maintained its benchmark interest rate at 3.5% to 3.75% during its January 2026 meeting, signaling a stark departure from the rapid-fire cuts seen in late 2025. Federal Reserve Chair Jerome Powell,