The Federal Reserve Board’s first meeting of 2025 ended with its target lending rate unchanged as the agency pursues its “dual mandate” to limit inflation and unemployment. +

Economist and Forbes contributor Jason Schenker lists five key trends that will determine the performance of dealers’ investment portfolios in 2025, including an accelerating GDP. +

Chairman Jerome Powell said interest rate reductions would slow next year while announcing an expected quarter-point cut to end 2024 with a target range of 4.25% to 4.5%. +