Federal Reserve lowers interest rates by 0.50 percentage ... - CBS News
WEB2 days 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 just announced a jumbo-sized interest rate cut
WEB2 days ago · The Federal Reserve slashed interest rates aggressively Wednesday, announcing the first rate cut since March 2020. ... Federal Reserve Board Chairman Jerome Powell speaks during a news conference ...
What’s Next for Rate Cuts? The Fed Is Watching Jobs and Prices.
WEB12 hours ago · Fed officials could cut rates by a quarter point at each of their November and December meetings, Christopher J. Waller, a Fed governor, said in a CNBC interview on Friday. Erin Schaff/The New ...
Fed Announces Big Rate Cut - The New York Times
WEB3 days ago · The S&P 500 and tech-heavy Nasdaq both closed roughly 0.3 percent lower, a modest drop, after rising earlier in the day on the news of the half-percentage rate cut.
The Fed Makes a Large Rate Cut and Forecasts More to Come
WEB3 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 ...
Federal Reserve goes big with half-point interest rate cut ... - 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 ...
WATCH: Federal Reserve Chair Powell speaks after Fed announces …
WEB2 days ago · WATC H: Chicago Fed president expects multiple interest rate cuts amid economic ‘overcooling’. In a statement and in a news conference with Chair Jerome Powell, the Fed came closer than it has ...
Federal Reserve interest rate decision for June 2024: Rates ... - NBC News
WEBJun 12, 2024 · The Federal Reserve said Wednesday it was keeping its key interest rate unchanged as it fights elevated inflation rates that have been pinching U.S. businesses and consumers.
Key takeaways from the Fed’s latest interest rate decision
WEBJun 12, 2024 · The Federal Reserve said Wednesday it is keeping its benchmark lending rate at its current level for the seventh time in a row, while signaling fewer rate cuts than previously estimated.
First interest rate cut in 4 years likely as ... - Associated Press News
WEBJul 31, 2024 · AP Washington correspondent Sagar Meghani reports the Federal Reserve suggests its first key interest rate cut in four years is getting closer. Rate cuts could also bolster the economy and potentially improve Vice President Kamala Harris’ prospects in the upcoming presidential election.
Skip to content