Federal Reserve meeting —
At its 19 March 2025 meeting, the Federal Reserve held its policy rate at 4.25–4.50%. The decision passed 11-1. Christopher Waller dissented, preferring a hold.
Decision
hold — 4.25–4.50% to 4.25–4.50%
Vote: 11-1
Dissenters
- Christopher Waller — preferred hold
Key passages
the Committee decided to maintain the target range for the federal funds rate at 4-1/4 to 4-1/2 percent.
Beginning in April, the Committee will slow the pace of decline of its securities holdings by reducing the monthly redemption cap on Treasury securities from $25 billion to $5 billion.
Meeting documents
Background reading
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