Fed cuts rates by a half point at September 2024 meeting
WEB2 days ago · Federal Reserve cuts rates by 50 basis points. WASHINGTON – The Federal Reserve on Wednesday enacted its first interest rate cut since the early days of the Covid pandemic, slicing half a ...
The Fed's biggest interest rate call in years happens Wednesday.
WEB4 days ago · The FOMC has been holding its benchmark fed funds rate in a range between 5.25%-5.5% since it last hiked in July 2023. That's the highest it's been in 23 years and has held there despite the Fed's ...
Live: Analysis of Fed Rate Decision, Powell News Conference
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 ...
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 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 ...
Live: Fed Rate Decision, Powell News Conference
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”...
Live: Analysis of Fed Rate Decision, Powell News Conference
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 ...
Federal Reserve issues FOMC statement
WEBDecember 15, 2021. Federal Reserve issues FOMC statement. For release at 2:00 p.m. EST. The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its …
Fed Meeting Today: Interest Rates Highest in 22 Years; Dow on …
WEBJul 26, 2023 · The FOMC rose interest rates to a 22-year high today. Follow along for the latest news, updates and expert analysis from Wall Street Journal reporters and editors.
Fed rate decision: Live coverage of FOMC meeting, dot ... - MarketWatch
WEBDec 13, 2023 · Follow along to MarketWatch's live coverage of the Federal Reserve interest-rate decision, dot plot forecast, and Chair Jerome Powell press conference. Last Updated: Dec. 13, 2023 at 8:37 PM EST.