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 ...
What’s Next for Rate Cuts? The Fed Is Watching Jobs and Prices.
WEB14 hours ago · The Fed Is Watching Jobs and Prices. A Federal Reserve official predicted quarter point rate cuts if data looked ‘fine’. But he also set out a scenario for a pause — or faster reductions ...
The Fed cuts key rate by half-point, signaling end to its inflation ...
WEB2 days ago · The Federal Reserve cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates that helped tame inflation but also made borrowing painfully expensive for consumers. ... The Associated Press is an independent global news organization dedicated …
The Fed just made a jumbo rate cut. Here are 5 takeaways on ... - CBS News
WEB1 day ago · The moment marks a critical turning point in the Fed's fight against the hottest inflation in 40 years, which resulted in a flurry of rate hikes that pushed the bank's federal funds rate to its ...
The Federal Reserve cuts interest rates for first time since 2020
WEB2 days 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.
The Fed Makes a Large Rate Cut and Forecasts More to Come
WEB3 days ago · 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 last released ...
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 ...
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.
Fed Meeting Today: Traders Brace for Rate Cut, Await Dot Plot
WEB3 days ago · The Federal Reserve lowers interest rates by 50 basis points in first cut since 2020. Explore Our Brands ... Markets Coverage The latest news & analysis. Fed Rate Cut. Inflation. Streetwise ...
The Fed surprised many investors with a jumbo rate cut this week.
WEB14 hours ago · The dissenter, Fed Governor Michelle Bowman, said in a statement Friday that she voted for a smaller quarter-point cut to “avoid unnecessarily stoking demand,” which could cause inflation to ...
Skip to content