Fed cuts key interest rate a quarter-point but signals ... - NBC News
2 days ago · The Federal Reserve announced Thursday it was lowering its key interest rate by a quarter-point — a widely expected move that coincides with inflation approaching the central bank's 2% goal.
Fed Cuts Rates Again - The New York Times
2 days ago · To slow inflation, the Fed had raised its key interest rate from near zero to 5.33 percent in a series of increases starting March 2022. Prices have cooled considerably since then, and the Fed ...
Key takeaways from the Fed’s rate cut after the election
2 days ago · The Federal Reserve cut interest rates by a quarter point Thursday on the heels of the US presidential election earlier this week. Chair Jerome Powell also affirmed his commitment to serve out his ...
Federal Reserve issues FOMC statement
3 days ago · Federal Reserve issues FOMC statement. Recent indicators suggest that economic activity has continued to expand at a solid pace. Since earlier in the year, labor market conditions have generally eased, and the unemployment rate has moved up but remains low. Inflation has made progress toward the Committee's 2 percent objective but remains ...
Fed Announces Big Rate Cut - The New York Times
Sep 18, 2024 · The Fed’s decision lowers rates to about 4.9 percent, down from a more than two-decade high. Fed officials lowered interest rates because they are confident that inflation is coming back down...
Key takeaways from the Fed’s decision to deliver a jumbo-sized interest …
Sep 18, 2024 · The Federal Reserve slashed interest rates aggressively Wednesday, announcing the first rate cut since March 2020. The half-point move paves the way for lower borrowing costs on everything...
Fed Cuts Interest Rates for First Time in Four Years - The New …
Sep 18, 2024 · The Federal Reserve cut interest rates on Wednesday by half a percentage point, an unusually large move and a clear signal that central bankers think they are winning their war against...
Markets rise after Federal Reserve hits pause again on rate hikes - CNN
Nov 1, 2023 · The Federal Reserve held interest rates steady Wednesday for the second consecutive meeting, leaving the central bank’s benchmark lending rate at its highest level in 22 years.
Fed Meeting Today: FOMC Cuts Rates by a Quarter Point; Powell …
2 days ago · The FOMC reduced its federal-funds rate target range by half a percentage point on Sept.18, to 4.75% to 5%, after holding rates steady for more than a year. Interest-rate futures market pricing on ...
Fed cuts key interest rate by quarter point in second rate decrease
2 days ago · What is the Fed interest rate now. Thursday’s widely expected decision leaves the Fed’s benchmark short-term rate at a range of 4.5% to 4.75%, down from a 23-year high of 5.25% to 5.5% just a ...