Fed Leaves Rates at 5.25%

This article is from the archive of The New York Sun before the launch of its new website in 2022. The Sun has neither altered nor updated such articles but will seek to correct any errors, mis-categorizations or other problems introduced during transfer.

The New York Sun

The Federal Reserve on Wednesday left the federal funds rate unchanged at 5.25% for a third-straight meeting amid signs of slower growth but kept the door open for higher rates if inflation persists.

An accompanying statement largely mirrored the one issued in September, repeating that the economy is moderating due to a “cooling” housing sector, that “some inflation risks remain” and that any additional federal funds rate hikes will depend on the economic outlook.

The statement suggests the likeliest scenario is a prolonged period of policy stability, assuming the Fed’s forecast of slower growth and moderating inflation unfolds.

The Federal Open Market Committee, as universally expected in a Dow Jones Newswires survey, voted 10-1 to keep the federal funds rate at 5.25%, where it has stood since late June following 17-straight hikes dating back to mid-2004.


The New York Sun

© 2025 The New York Sun Company, LLC. All rights reserved.

Use of this site constitutes acceptance of our Terms of Use and Privacy Policy. The material on this site is protected by copyright law and may not be reproduced, distributed, transmitted, cached or otherwise used.

The New York Sun

Sign in or  Create a free account

or
By continuing you agree to our Privacy Policy and Terms of Use