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Your daily horoscope: January 13, 2026

  IF TODAY IS YOUR BIRTHDAY There may be nothing new under the sun but what takes place over the next 12 months will take you by surprise because it never occurred to you that such things were possible. Forget about what went before – it’s what comes next that matters. ARIES (March 21 - April 20): The best way to deal with information that does not make sense is to ignore it. It may seem important now but with so many changes on the horizon you will have forgotten about it by this time tomorrow – so it can’t be that significant can it? TAURUS (April 21 - May 21): The next few days are going to be special for everyone but especially for you. Cosmic activity in your fellow Earth sign of Capricorn is intensifying by the minute, so what might be considered outrageous today will seem perfectly normal tomorrow. GEMINI (May 22 - June 21): It may be tempting to do what is expected of you just to stay in the good books of your employer or a senior colleague but you need to be more adventuro...
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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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