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SUMMARY OF FED DECISION (1/28/2026):
1. Fed halts rate cuts for the first time since July 2025
2. Fed says inflation remains "somewhat elevated"
3. Two Fed Governors dissent in favor of a 25 bps cut
4. Unemployment rate has shown "some signs of stabilization"
5. Fed reasserts goal of achieving 2% long-term inflation
6. Uncertainty about economic outlook "remains elevated"
December may have marked Powell's final rate cut.
1. Fed halts rate cuts for the first time since July 2025
2. Fed says inflation remains "somewhat elevated"
3. Two Fed Governors dissent in favor of a 25 bps cut
4. Unemployment rate has shown "some signs of stabilization"
5. Fed reasserts goal of achieving 2% long-term inflation
6. Uncertainty about economic outlook "remains elevated"
December may have marked Powell's final rate cut.