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Your daily horoscope: January 14, 2025

  HOROSCOPES IF TODAY IS YOUR BIRTHDAY If your current way of working does not seem to be taking you closer to your goals then ditch it completely and start over. New technologies such as artificial intelligence could help you immensely this year, IF you have the intelligence to use them wisely. ARIES (March 21 - April 20): There is a lot of pressure building up in your life at the moment but that’s okay because you thrive on being challenged. When the going gets tough Aries is the first sign to get tough in return and today will be no exception. TAURUS (April 21 - May 21): You may be in two minds about what direction you should be taking but what occurs over the next 24 hours will point the way and all you have to do is follow the lead that the universe gives you. Get past your doubts and get moving. GEMINI (May 22 - June 21): If you start something new today it will take up a lot more time and energy than you expected, so think about it carefully and make sure you will be able to...
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Fed Holds Rates Steady: Investors React

 


The Federal Reserve’s decision to hold interest rates steady at the end of its January meeting has been met with mixed reactions from investors. While some investors were hoping for a rate cut, others are pleased with the Fed’s decision to maintain the status quo. The Fed’s decision was based on the progress it has made in defeating inflation, which has been a major concern for policymakers in recent months.

The 10-year Treasury yield dipped after the Fed’s announcement, as investors digested the latest interest rate decision and clues about the policy path ahead. The stock market also took a hit after Fed Chair Jerome Powell suggested that the Fed may not cut rates in March.

Despite the mixed reactions, the Fed’s decision to hold rates steady is a sign of confidence in the economy’s strength. The Fed’s official target is a 2% annual rate of inflation, and prices rose 2.6% from a year ago as of December 2023. The improving inflation picture is giving policymakers room to slow their fastest rate-hiking regime since the 1980s.


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