Live updates: First Fed rate cut since Covid | CNN Business
WEB1 day 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 ...
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 ...
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 ...
Federal Reserve goes big with half-point interest rate cut ... - NBC News
WEB1 day 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 ...
The Fed is finally about to cut interest rates. What took so long?
WEB3 days ago · Washington CNN —. It’s a pivotal week for the US economy, with the Federal Reserve expected to cut interest rates for the first time since 2020. The move would mark a major milestone both for ...
Video: The Fed Rate Cut Is Here. Here's What's at Stake.
WEB1 day ago · The Federal Reserve is expected to start cutting its main interest rate this afternoon, a key shift in its fight against inflation. The Wall Street Journal's Nick Timiraos explains why this is the ...
Analysis of Fed Rate Decision, Powell News Conference
WEB1 day ago · Policymakers’ updated projections showed a 4.4% jobless rate for the end of 2024 and 2025, up slightly from the 4.2% rate seen in August. Growth was penciled in at 2% for 2024 through 2027.
Federal Reserve News What Happened Today at the Fed Meeting
WEBMay 3, 2023 · What to know about the Fed’s latest move. Federal Reserve officials raised interest rates by a quarter-point on Wednesday in the tenth straight move in their fight against rapid inflation ...
Live: Fed Rate Decision, Powell News Conference
WEBJun 12, 2024 · Fed dials back rate forecasts, signals just one cut in 2024; Policymakers holds key rate in unanimous decision; Inflation still elevated, with progress merely ‘modest’
Live: Analysis of Fed Rate Decision, Powell News Conference
WEBMay 1, 2024 · Fed holds rates steady, citing lack of inflation progress; Central bank to slow balance-sheet runoff starting in June; Powell says rate hike is unlikely to be Fed’s next move