Wednesday, January 28, 2026 at 10:53 PM
The bank’s monetary policy committee kept the nation’s benchmark rate at 15%, while indicating it may start cutting at its next meeting in March.
Officials offered little clarity on when cuts might resume. Two governors favored a rate reduction.
The Riksbank kept its key policy rate at 1.75%. Policymakers have now held steady for three consecutive meetings.
President Trump has demanded that Fed Chair Jerome Powell cut rates. But it isn’t the Fed chair alone who sets them. Here is who does.
Dollar rebounds; S&P briefly hits 7000 before paring gains
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