Key takeaways from the Fed’s decision to deliver a jumbo-sized
WEB1 day ago · Still, Fed Chair Jerome Powell said in a news conference that the central bank is “not behind” the curve and that the Fed’s decision to cut by half a point is “a sign of our commitment ...
The Federal Reserve cuts interest rates for first time since 2020 - NPR
WEB1 day ago · Inflation is slowing — but so is the job market. The rate cut on Wednesday comes as the annual inflation rate has fallen sharply, to 2.5% last month, from a peak of 9.1% in June 2022.
Fed cuts interest rates by 50 basis points - USA TODAY
WEB1 day ago · The mother of all interest rates is actually a range, and it has sat at 5.25% to 5.5% since July 2023, following a campaign of rate hikes to combat surging inflation. In response, rates on ...
Federal Reserve lowers interest rates by 0.50 percentage ... - CBS News
WEB1 day ago · The Fed said the cut lowers the federal funds rate into a range of 4.75% to 5%, down from its prior range of 5.25% to 5.5%, which had been its highest level in 23 years. The half-point move ...
The Fed is finally about to cut interest rates. What took so long?
WEB4 days ago · It’s simple: The Fed didn’t cut interest rates sooner because it could have reignited inflation or left it stuck above the central bank’s target. While it was a steady (but grueling) journey ...
Live updates: First Fed rate cut since Covid | CNN Business
WEB2 days ago · Mortgage rates have already begun steadily falling in anticipation of the Fed’s expected Wednesday cut. According to Freddie Mac, the average 30-year fixed mortgage rate fell to 6.20% last week ...
The Fed Makes a Large Rate Cut and Forecasts More to Come
WEB2 days ago · By Karl Russell. 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 ...
Fed Announces Big Rate Cut - The New York Times
WEB2 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 goes big with interest rate cut in a bid to head off an ... - NBC News
WEB2 days ago · Sept. 18, 2024, 2:00 AM PDT / Updated Sept. 18, 2024, 11:50 AM PDT. By Rob Wile. The Federal Reserve said Wednesday it was lowering its key interest rate by half a percentage point, an unusually ...
Fed Meeting, Sept. 18, 2024: Stocks Edge Lower After Fed …
WEB2 days ago · The yield on the 10-year Treasury note settled at 3.685%, down from 3.694% just before the Fed announcement and up from 3.641% Tuesday, its second-lowest closing level of the year.
- Some results have been removed
Skip to content