Fed Cuts Interest Rates for First Time in Four Years - The New York …
WEBSep 18, 2024 · 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 ...
Fed official says US interest rates should not be cut too fast | AP …
WEB2 days ago · Updated 3:00 AM PDT, September 27, 2024. WASHINGTON (AP) — The president of the Federal Reserve’s Richmond branch says he supports reducing the central bank’s key interest rate “somewhat” from its current level but isn’t yet ready for the Fed to fully take its foot off the economy’s brakes. In an interview Thursday with The ...
Key takeaways from the Fed’s decision to deliver a jumbo-sized …
WEBSep 18, 2024 · The Federal Reserve slashed interest rates aggressively Wednesday, announcing the first rate cut since March 2020. The half-point move paves the way for lower borrowing costs on everything...
Federal Reserve lowers interest rates by 0.50 percentage ... - CBS …
WEBSep 18, 2024 · The Federal Reserve on Wednesday said it is cutting its benchmark interest rate by 0.50 percentage points, marking the first reduction in four years and moving to ease borrowing costs as...
Federal Reserve goes big with half-point interest rate cut ... - NBC …
WEBSept. 18, 2024, 2:00 AM PDT / Updated Sept. 18, 2024, 12:47 PM PDT. By Rob Wile. The Federal Reserve said Wednesday it was lowering its key interest rate by half a percentage point, an unusually ...
Key takeaways from the Fed’s latest interest rate decision
WEBJun 12, 2024 · The Fed has kept interest rates at a 23-year high for nearly a year, after kicking off an aggressive rate-hiking campaign in March 2022. Central bankers are waiting for more evidence that...
Federal Reserve Meeting Fed Raises Rates Again
WEBJul 26, 2023 · Federal Reserve officials raised interest rates to their highest level in 22 years, continuing their 16-month campaign to wrestle inflation lower by cooling the American economy.
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 ...
Fed unleashes another big rate hike in bid to curb inflation
WEBJul 27, 2022 · The Federal Reserve on Wednesday raised its benchmark interest rate by a hefty three-quarters of a point for a second straight time in its most aggressive drive in more than three decades to tame high inflation.
Fed Meeting Live Updates: Interest Rates Raised 0.75 Percentage …
WEBJun 15, 2022 · Officials agreed to a 0.75-percentage-point rate rise at their two-day policy meeting that concluded Wednesday, which will increase the Fed’s benchmark federal-funds rate to a range between...