Fed Interest Rates Decision: Live Updates - The New York Times
22 hours ago · Federal Reserve officials are widely expected to cut interest rates on Thursday. The bigger focus will center on what comes next for America’s central bank. ... will hold a news conference at 2: ...
If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?
22 hours ago · The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate ...
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 ...
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...
WATCH LIVE: Federal Reserve Chair Powell holds news conference …
21 hours ago · The average U.S. 30-year mortgage rate, for example, fell over the summer as the Fed signaled that it would cut rates, only to rise again once the central bank actually cut its benchmark rate.
Fed Announces Big Rate Cut - The New York Times
Sep 18, 2024 · The Federal Reserve cut interest rates on Wednesday by half a percentage point. Here are some takeaways from the decision and from remarks by the Fed chair, Jerome H. Powell.
Fed's Powell: US economy solid, gradual interest rate cuts coming | AP News
Sep 30, 2024 · At their last meeting Sept. 18, Fed officials reduced their rate to 4.8%, from a two-decade high of 5.3%, and penciled in two more quarter-point rate cuts in November and December. On Monday, Powell said that remains the most likely outcome.
Federal Reserve lowers interest rates by 0.25 percentage ... - CBS News
20 hours ago · The Fed cut, half the size of its September reduction, lowers the federal funds rate — the interest rate banks charge each other for short-term loans — to a range of 4.5% to 4.75% from its ...
Key takeaways from the Fed’s latest interest rate decision
Jun 12, 2024 · The Fed has kept interest rates at a 23-year high for nearly a year, after kicking off an aggressive rate-hiking campaign in March 2022. Central bankers are waiting for more evidence that...
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.