Tech Insider
Economy
Economy
Fed Chair Jerome Powell
U.S. Federal Reserve Board Chairman Jerome Powell arrives at a news conference at the headquarters of the Federal Reserve on December 13, 2023 in Washington, DC.

Win McNamee/Getty Images

  • The Federal Reserve continued its pause on interest rate hikes on Wednesday.
  • It's unclear when it will begin cutting interest rates in 2024.
  • Key jobs data on Friday will likely influence the Fed's next move in March.

The nation's central bank started off the new year as it closed out the last: no change to interest rates.

Tags
economy, Markets, economy, Markets, Policy, federal-reserve, interest-rates, interest-rate-cut, jerome-powell, Recessions, Inflation
Source
The Fed's first big move of 2024 isn't an interest rate cut — but that relief c…