Fed Announces Big Rate Cut - The New York Times
WEB1 day 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 points in ...
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 ...
Key takeaways from the Fed’s decision to deliver a jumbo-sized …
WEB1 day ago · That was the first dissent from a Fed governor since 2005. Fed officials also penciled in more rate cuts by year’s end in their latest economic forecasts, compared to the single cut in 2024 that ...
What to know as the Federal Reserve gets set to cut interest rates …
WEB2 days ago · Here's what to know. Fed Chair Jerome Powell prepares to deliver remarks at a conference on Nov. 8, 2023, in Washington, D.C. The Fed is set to cut interest rates for the first time since 2020 on ...
Federal Reserve goes big with half-point interest rate cut, its first ...
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 ...
WATCH: Federal Reserve Chair Powell speaks after Fed …
WEB1 day ago · The unusually large half-point rate cut, the Fed’s first in more than four years, reflects its new focus on bolstering the job market, which has shown clear signs of slowing.
Analysis of Fed Rate Decision, Powell News Conference
WEB1 day ago · Fed cuts rates by half point in bid to defend economy; Bowman dissents in a first by a Fed governor since 2005; Powell warns not to see half-point cut as Fed’s new pace
Live Updates: Fed Holds Rates, Noting ‘Lack of Further Progress’ …
WEBMay 1, 2024 · The Fed held borrowing costs steady at 5.33 percent on Wednesday, leaving them at a more than two-decade high where they have been set since July. Central bankers reiterated that they need...
Live Updates: Fed Keeps Rates Steady, Hints at Future Cuts
WEBMar 20, 2024 · Federal Reserve officials left interest rates unchanged on Wednesday and continued to forecast that borrowing costs will come down somewhat by the end of the year as inflation eases.
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.