---
title: "The Fed just hit the \"Pause\" button. 🛑"
description: "After three straight cuts, the FOMC is holding rates at 3.5%–3.75%. But the real story isn't the percentage—it’s the pressure.\n\nHere is what you need to know about the shift in DC today:\n\n🔹 The \"Labor Scare\" is over: The Fed removed the language suggesting they're worried about the job market. They now see risks as \"balanced.\" 🔹 Inflation is sticky: With growth tracking at a massive 5.4%, the Fed is worried about a second wave of price hikes. 🔹 A House Divided: Two Trump-appointed governors (Miran and Waller) dissented, pushing for more cuts despite the hold. 🔹 The End of an Era: Jerome Powell has only two meetings left. Between DOJ subpoenas over office renovations and a Supreme Court battle over firing governors, the Fed’s independence is being tested like never before.\n\nThe big question for the markets: Who takes the wheel next? 🏎️\n\nPrediction markets are currently betting on BlackRock’s Rick Rieder to succeed Powell.\n\nBelow is the Fed statement with changes in red \n\nSource: CNBC"
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [The Fed just hit the "Pause" button. 🛑](https://blog.syzgroup.com/syz-the-moment/the-fed-just-hit-the-pause-button)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Jan 29, 2026, 4:25:46 PM

[View full post](https://blog.syzgroup.com/syz-the-moment/the-fed-just-hit-the-pause-button)

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