Fed Cuts Rates Again - The New York Times
Nov 7, 2024 · Fed officials lowered interest rates to a range of 4.5 to 4.75 percent on Thursday, but avoided talking about politics in their post-meeting statement. ... said during a news conference on ...
The Federal Reserve made a rate cut decision today. Here's ... - CBS News
Updated on: November 7, 2024 / 8:42 PM EST / CBS News. The Federal Reserve on Thursday made its second rate cut of this year, with the decision coming less than two months after the central bank's ...
Why mortgage rates are still high after a Fed cut - NBC News
5 days ago · The average 30-year mortgage rate has been above 6% for two years — and is likely to stay above that level for the foreseeable future, experts say. A combination of better-than-expected growth ...
Fed Announces Big Rate Cut - The New York Times
Sep 18, 2024 · Tom Brenner/Reuters. 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....
Live updates: First Fed rate cut since Covid | CNN Business
Sep 18, 2024 · In a significant shift for the US economy, the Federal Reserve announced a jumbo-sized rate cut Wednesday, its first rate reduction cut since Covid. It’s a major economic milestone both for the...
‘The time has come’: The Fed just sent a crucial message ... - CNN
Aug 23, 2024 · The Fed’s aggressive rate-hiking campaign, which started in early 2022, thrust interest rates up to a 23-year high in a bid to combat the highest inflation in decades.
Key takeaways from the Fed’s latest interest rate decision
Jun 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...
Live Updates: Fed Keeps Rates Steady, Hints at Future Cuts
Mar 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.
Federal Reserve to cut rates by 25 basis points at next two …
Oct 29, 2024 · Since the U.S. central bank kicked off its long-awaited easing cycle last month with a half-percentage-point reduction in the federal funds rate to a 4.75-5.00% range, news on the economy has been ...
Federal Reserve goes big with half-point interest rate cut ... - NBC News
Sep 18, 2024 · The Federal Reserve said Wednesday it was lowering its key interest rate by half a percentage point, an unusually aggressive move designed to cushion the economy from a further slowdown.