The central bank will maintain rates at 3.5 to 3.75 percent and warned of ‘elevated’ economic uncertainty.
![The decision comes despite ongoing political pressure as US President Donald Trump has called for more aggressive interest rate cuts [File:Nathan Howard/Reuters]](/wp-content/uploads/2026/01/2026-01-13T144147Z_2075403647_RC2C0JA6N16M_RTRMADP_3_USA-TRUMP-FED-POWELL-1769627465.jpg?resize=770%2C513&quality=80)
![A slowing job market has weighed on consumers according to the Conference Board [File: Evelyn Hockstein/Reuters]](/wp-content/uploads/2025/11/2025-11-24T105942Z_681960584_RC2DSEA1XKT1_RTRMADP_3_COMPANIES-TARIFFS-PRICES-1764090071.jpg?resize=770%2C513&quality=80)
![The healthcare as well as food and beverage services led the job gains but the federal workforce as well as the transportation and warehousing sectors saw declines [File: Andrew Kelly/Reuters]](/wp-content/uploads/2025/11/2025-10-29T121302Z_1095127296_RC2NLHA0ZYUM_RTRMADP_3_USA-ECONOMY-UNEMPLOYMENT-1763651318.jpg?resize=770%2C513&quality=80)
![Ugandans are celebrating New York City Mayor-Elect, Zohran Mamdani’s historic ascension to city hall following election results on Nov. 4, 2025. [AFP]](/wp-content/uploads/2025/11/image-1762375663.jpg?resize=770%2C513&quality=80)
The poor are suffering the most as the political stalemate continues.
The US central bank cut rates by a quarter of a percentage point, its second cut for the year.
More air traffic controllers are calling in sick, often to work another job to pay for groceries and medicines.
Small businesses in NYC face steep challenges, as there are few protections preventing them from being priced out.
Amazon confirms 14,000 layoffs after CEO says AI likely to lead to job losses.
Both international bonds and local stocks jumped while the peso strengthened against the US dollar.
Mexican shoe businesses can export to US tariff-free under USMCA but old policies and corrupt practices hold them back.
Stellantis announced a $13bn investment in the US, which will see Jeep Compass production move from Canada to the US.
A federal judge said the layoffs seem politically motivated and ‘you can’t do that in a nation of laws’.
Biya, who has ruled for 43 years, is seeking an eighth term despite calls for him to step down.
![The fed will have limited economic data next month as it assesses future decisions because of the government shutdown [File: Ken Cedeno / Reuters]](/wp-content/uploads/2025/10/2025-09-17T181617Z_435617975_RC2TTGA2Z5Y5_RTRMADP_3_USA-FED-1761759349.jpg?resize=770%2C513&quality=80)
![WASHINGTON, DC - OCTOBER 1: A sign indicating that the U.S. Capitol Visitor Center is closed due to the government shutdown, on October 1, 2025 in Washington, DC. Congress could not agree on a budget to fund government at midnight, causing the first shutdown since 2018 [File: Al Drago/Getty Images/AFP]](/wp-content/uploads/2025/10/afp_68dd8508766e-1759347976.jpg?resize=770%2C513&quality=80)
