USA Federal Reserve Holds Interest Rate Steady - Bank Of England To Announce Today

20th March 2025

The Federal Reserve is maintaining interest rates with no change.

Recent indicators suggest that economic activity has continued to expand at a solid pace. The unemployment rate has stabilized at a low level in recent months, and labor market conditions remain solid. Inflation remains somewhat elevated.

The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. Uncertainty around the economic outlook has increased. The Committee is attentive to the risks to both sides of its dual mandate.

Meanwhile the Bank of England will announce any change to UK rates at midday today.

The next European Central Bank (ECB) interest rate decision is due on Thursday, April 17, 2025.