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Your daily horoscope: February 16, 2026

  IF TODAY IS YOUR BIRTHDAY Mind planet Mercury links with luck planet Jupiter on your birthday, which means you will see with the utmost clarity what needs to be done. Don’t listen to those who urge caution – there are major rewards awaiting those who are willing to take a chance. ARIES (March 21 - April 20): If you have been finding it hard to get your message across lately you should be able to locate the right words today and tomorrow. The mental block that has been clouding your thinking will be swept away by the imminent solar eclipse. TAURUS (April 21 - May 21): Your ability to get along with employers and other important people will be put to the test over the next two or three days but almost certainly you will find you have more in common than what divides you. You’re on the same side. GEMINI (May 22 - June 21): Something that has been worrying you for quite some time will come to a head either today or tomorrow and the good news is it won’t be as horrible as you imagined...
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Federal Reserve Signals Slower Rate Cuts Amid Economic Uncertainty

 

The Federal Reserve is poised to announce a quarter-point rate cut on Wednesday, reducing its benchmark rate from 4.6% to approximately 4.3%. This move follows a half-point cut in September and a quarter-point reduction in November. However, Fed officials are signaling a slower pace of rate cuts in 2025, with expectations of only two or three reductions compared to the four previously anticipated.

The central bank's policymakers are recalibrating their approach as inflation has significantly decreased from its peak of 7.2% in June 2022 to 2.3% in October. Despite this progress, inflation remains above the Fed's 2% target, and the economy continues to grow robustly. Fed Chair Jerome Powell has emphasized the need for caution as the benchmark rate approaches a "neutral" level that neither stimulates nor hinders economic growth.

The upcoming presidential administration's proposed economic policies, including potential tariffs and tax cuts, add to the uncertainty surrounding future rate decisions. As a result, Americans may see only slight relief from high borrowing costs in the near future.




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