#FedHODL
On January 29, 2025, the Federal Reserve concluded its two-day policy meeting, opting to maintain the federal funds rate at its current level. This decision aligns with market expectations, especially after the Fed's previous rate cuts in 2024.
WSJ.COM
The Federal Open Market Committee (FOMC) emphasized a cautious approach, highlighting the need to assess incoming economic data before making further adjustments. Fed Chair Jerome Powell stated, "We do not need to be in a hurry to adjust our policy stance."
The committee's composition has shifted in 2025, introducing new voting members with diverse perspectives. Austan Goolsbee, known for his dovish stance, Susan Collins, a centrist, and Alberto Musalem and Jeffrey Schmid, both considered stricter on inflation, have joined the FOMC. This diversity could lead to more dynamic discussions and potential disagreements in future meetings, especially if economic conditions fluctuate