Live Updates: Fed Cuts Rates Again - The New York Times
22 hours ago · The Federal Reserve cut interest rates by a quarter point, the second reduction this year. Jerome H. Powell, the Fed chair, is holding a news conference to discuss the decision and the outlook for ...
Fed cuts interest rates again, but Trump’s victory makes future …
20 hours ago · The Federal Reserve cuts interest rates for a second straight time in an effort to keep the economy humming. But it now must contend with a new unknown: a second Trump presidency. News
Fed cuts key interest rate a quarter-point but signals ... - NBC News
1 day 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.
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...
Interest rate cut expected to be more modest in Fed meeting
1 day 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 ...
The Federal Reserve cuts interest rates as Trump's 2nd term …
20 hours ago · The Fed's rate-setting committee lowered its benchmark interest rate to a range between 4.5% and 4.75%, as policymakers respond to easing inflation and signs of a slowdown in the job market.
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...
Fed Cuts Interest Rates by a Quarter Point, but the Path Ahead Is …
1 day ago · Jerome H. Powell, the Fed chair, suggested during a news conference on Thursday afternoon that officials would be watching economic data as they weighed whether to make a final rate cut of 2024 at ...
The Federal Reserve cuts interest rates for first time since 2020
Sep 18, 2024 · The Federal Reserve moved aggressively Wednesday to start cutting interest rates as its single-minded focus on fighting inflation gives way to a growing interest in protecting the job market.
‘The time has come’: The Fed just sent a crucial message ... - CNN
Aug 23, 2024 · The Fed’s aggressive rate-hiking campaign, which started in early 2022, thrust interest rates up to a 23-year high in a bid to combat the highest inflation in decades.