Fed Cuts Rates Again - The New York Times
5 days ago · 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. They included no overt signal about what ...
Live updates: First Fed rate cut since Covid | CNN Business
Sep 18, 2024 · The Federal Reserve lowered its benchmark interest rate by a half point to 4.75 percent, the first cut in four years, hoping to keep the U.S. from sinking into a recession sparked by fallout...
Fed Announces Big Rate Cut - The New York Times
Sep 18, 2024 · 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.
We finally got a rate cut. Here’s what history says will happen next ...
Sep 23, 2024 · New York CNN — So we finally got a rate cut — and a supersized one at that. After the move was announced Wednesday, Federal Reserve Chair Jerome Powell said officials made that decision to keep...
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.
The Federal Reserve cuts interest rates for first time since 2020
Sep 18, 2024 · The Federal Reserve moved aggressively Wednesday to start cutting interest rates as its single-minded focus on fighting inflation gives way to a growing interest in protecting the job market.
The Fed hikes interest rates by a quarter point and hints at ... - CNN
Jul 26, 2023 · The Federal Reserve raised its benchmark lending rate by a quarter point Wednesday, lifting interest rates to their highest level in 22 years.
US inflation reaches 3-year low as Fed prepares to cut interest rates ...
Sep 11, 2024 · The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low, clearing the way for the Federal Reserve to cut interest rates and likely shaping the economic debate in the presidential race.
First interest rate cut in 4 years likely as ... - Associated Press News
Jul 31, 2024 · WASHINGTON (AP) — Federal Reserve Chair Jerome Powell on Wednesday set the stage for the central bank’s first rate cut in four years, citing greater progress toward lower inflation as well as a cooler job market that no longer threatens to overheat the economy.
Fed policymakers say they are ready to start cutting interest rates
Sept 6 (Reuters) - Federal Reserve policymakers on Friday signaled they are ready to kick off a series of interest rate cuts at the U.S. central bank's meeting in two weeks, noting a...