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ForexMedium•13 February 2026•

1 min read

Fed Holds Interest Rates Steady After Series of Cuts in January

Golden Yen/Yuan symbol with green arrows pointing up, and a US dollar bill sinking into cracked ground with downward arrows.

The Federal Reserve maintained its benchmark interest rate at 3.50% to 3.75% during its January 28 meeting. This decision marks a significant pause following three consecutive quarter-point rate cuts implemented in 2025. The move signals a shift in the central bank's monetary policy stance after a period of easing. While the US Dollar Index (DXY) saw consolidation near the 97.00 level, the underlying policy change holds notable implications for currency markets. Analysts are now closely watching for further indications regarding the Fed's future trajectory. This stability in rates could influence major currency pairs like EUR/USD and GBP/USD.

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