Fed lowers key interest rate by quarter point as inflation eases but pace of cuts may slow
After a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point from its 23-year high.
Fed cuts interest rates by quarter point
The Federal Reserve on Thursday announced it will cut the benchmark interest rate by 25 basis points, with its second consecutive rate cut coming amid signs of cooling inflation.
The Federal Reserve gives Americans another interest-rate cut
Two days after Donald Trump won the presidential election, the Federal Reserve announced a 25-basis-point interest-rate cut.
Federal Reserve cuts its key interest rate by a quarter-point amid postelection uncertainty
The Federal Reserve cut its key interest rate by a quarter-point in response to a steady decline in once-high inflation that angered Americans and helped drive Trump’s election victory.
Federal Reserve Cuts Key Interest Rate For A Second Consecutive Meeting
The Fed lowered its key interest rate by a quarter point to 4.75%. TD Asset Management's Alex Gorewicz shares his views on the decision and the implications of the US elections on Fed policy
Federal Reserve cuts interest rates, days after election of Trump
The Federal Reserve cut interest rates by a quarter of a percentage point on Thursday, setting the latest path for borrowing costs just two days after the victory of President-Elect Donald Trump.
Fed cuts interest rates a second time but economists say 2025 outlook uncertain
The rate cut follows a half-point cut on Sept. 18. The short term rate is used for overnight loans among banks, but it plays a huge role in influencing many interest rates that consumers and businesses pay to borrow throughout the economy,
CBS News on MSN5d
The Federal Reserve made a rate cut decision today. Here's the impact on your money.
with the average interest rate on a 30-year fixed-rate loan sitting at about 6.72%, according to Freddie Mac. That's up ...
Election Pushes Fed Meeting and Interest-Rate Decision a Day Later
While the election result won’t influence this week’s decision, any policy changes by the next president and Congress that ...
CNET on MSN6d
Why You Should Care About the Fed's Interest Rate Decision Today
The Fed and interest rates. The Fed meets eight times a year to assess the economy's health and set monetary policy, ...
What Time Is the Fed's Interest-Rate Decision Today—and How to Watch Jerome Powell's Speech
Just days after the U.S. election, the Federal Open Market Committee is set to conclude its two-day meetings that began on ...
NBC Los Angeles6d
Federal Reserve is set to cut interest rates by a quarter point
Federal Reserve officials are poised Thursday to reduce their key interest rate for a second straight time, responding to a steady slowdown of the inflation pressures that exasperated many ...
Yahoo Finance5d
How the Federal Reserve rate decision affects mortgage rates
Low interest rates make it less expensive to borrow ... a fixed-rate mortgage if rates trend downward. But with the Fed's recent decision to cut rates — a trend that could continue ...
FOMC Notches Another Unanimous Interest-Rate Decision
The Federal Open Market Committee unanimously voted to lower interest rates by a quarter of a percentage point on Thursday.