Federal Reserve cuts interest rates by 0.25 percentage ... - CBS News
Dec 18, 2024 · The Fed lowered the federal funds rate — the interest rate banks charge each other for short-term loans — to a range of 4.25% to 4.5%, down from its previous target range of 4.5% to 4.75%.
Fed Cuts Interest Rates and Markets Plunge After 2025 Forecast
Dec 18, 2024 · Federal Reserve officials made their third and final rate cut of 2024 at their meeting on Wednesday. They also forecast two fewer rate reductions in 2025 than they had previously expected, as...
What Federal Reserve rate cuts in 2025 could mean for you | AP News
Dec 19, 2024 · The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year than it previously envisioned, largely because of still-elevated inflation.
Federal Reserve made a 3rd consecutive rate cut today. Here ... - CBS News
Dec 18, 2024 · The Federal Reserve today made its final interest rate decision of 2024, capping a year during which the central bank provided some financial relief to inflation-weary borrowers in September by...
Fed cuts interest rates by 50 basis points - USA TODAY
Sep 18, 2024 · WASHINGTON — In the end, the Fed decided to go big. The Federal Reserve lowered its key interest rate by a hefty half percentage point Wednesday, moving ahead with …
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.
Fed Goes Big With Aggressive, Half-Point Cut in Interest Rates
Sep 18, 2024 · The Federal Reserve cut interest rates by 50 basis points, which should bring consumers lower borrowing costs. The central bank said it believes inflation is under control.
Jerome Powell says Fed to soon begin reducing interest rates | AP News
Aug 23, 2024 · With inflation nearly defeated and the job market cooling, the Federal Reserve is prepared to start cutting its key interest rate from its current 23-year high, Chair Jerome Powell said Friday.
The Fed keeps interest rates at a 23-year high for the sixth ... - CNN
May 1, 2024 · The Federal Reserve said Wednesday it is holding interest rates at their current levels, as hotter-than-expected inflation data continues to push back the timing of the first rate cut. Fed...
Fed Rate Cuts Are Expected Soon, as Inflation Cools. But Will They …
Aug 8, 2024 · The Federal Reserve was about to cut interest rates, turning the corner after a long fight with inflation. But now, its soft landing is in question.