The US Federal Reserve has decided to pause interest rate cuts, with Chair Jerome Powell stating there's no rush to adjust rates as the economy remains strong. The Fed's policy committee voted unanimously to keep the benchmark lending rate between 4.25% and 4.50%. This decision follows three consecutive rate reductions, which lowered the key rate by a full percentage point.

Despite stable unemployment, the Fed noted that inflation remains above its 2% target. Powell kept future rate decisions open, indicating that options for March are still on the table. While analysts expect the Fed to hold rates steady in March, President Trump criticized Powell and the Fed for their role in inflation, calling their efforts inadequate.

Trump's return to office has sparked concerns over inflationary policies, including proposed tariffs and immigration changes. Economists are divided on the impact, with some forecasting further rate cuts, while others warn of potential rate hikes depending on how Trump's policies play out.