Fed Announces Big Rate Cut - The New York Times
WEB3 days ago · 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. The Fed’s decision ...
Fed Cuts Interest Rates for First Time in Four Years - The New …
WEB3 days ago · Fed officials predicted that they would cut interest rates to 4.4 percent by the end of the year — much lower than the 5.1 percent they had been expecting in June, when they last released ...
Fed cuts interest rates by half-point, first trim in years - The ...
WEB3 days ago · September 18, 2024 at 6:00 a.m. EDT. The Federal Reserve is poised to cut interest rates Wednesday for the first time since the pandemic’s early days, turning the page on an era of dangerously ...
Federal Reserve goes big with half-point interest rate cut ... - NBC News
WEB3 days ago · The federal funds rate, which acts as a benchmark for borrowing rates in the rest of the economy, will now move down to about 4.8%, the lowest level since March 2023. The central bank also said it ...
Fed Meeting Today: Live Analysis on Interest Rates, Powell Speech ...
WEB3 days ago · New York Fed President John Williams said on Sept. 6 that he didn’t yet have a view on whether the Fed should lower interest rates by a quarter point or half point. Speaking that same day, Fed ...
The Fed Suggested That Rate Cuts Could Come Soon
WEBJul 31, 2024 · The Federal Reserve left its benchmark interest rate unchanged at a two-decade high but suggested that recent progress in lowering inflation could enable it to cut interest rates soon.
Federal Reserve issues FOMC statement
WEB3 days ago · Federal Reserve issues FOMC statement. For release at 2:00 p.m. EDT. Recent indicators suggest that economic activity has continued to expand at a solid pace. Job gains have slowed, and the unemployment rate has moved up but remains low. Inflation has made further progress toward the Committee's 2 percent objective but remains somewhat elevated.
Fed Meeting Today: Live Analysis on Interest Rates, Powell Speech ...
WEBJun 12, 2024 · The FOMC voted unanimously to leave benchmark rate unchanged in target range of 5.25%-5.5%, a two-decade high, for a seventh straight meeting. The statement was tweaked to note “modest”...
Fed Meeting Today: Live Analysis on Interest Rates, Powell Speech ...
WEBJul 31, 2024 · Powell Says Downside Risk to Fed’s Labor Mandate Is ‘Real’. Fed holds rates steady in unanimous decision. Powell says rate cut could happen as soon as next meeting. FOMC is ‘attentive ...
Fed Meeting Today: FOMC Makes Half-Point Interest-Rate Cut; …
WEB2 days ago · Follow live coverage of the Federal Reserve's September policy meeting, including the interest-rate decision, summary of economic projections, and Chairman Jerome Powell's news conference today.