Fed Announces Big Rate Cut - The New York Times
Sep 18, 2024 · The Fed’s decision lowers rates to about 4.9 percent, down from a more than two-decade high. Fed officials lowered interest rates because they are confident that inflation is coming back down...
Fed's Logan eyes more gradual rate cuts amid more balance sheet …
1 day ago · Fed's Logan says balance sheet cutting part of normalization. NEW YORK, Oct 21 (Reuters) - Federal Reserve Bank of Dallas President Lorie Logan said Monday she sees more rate cuts ahead for the ...
Key takeaways from the Fed’s decision to deliver a jumbo-sized interest …
Sep 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...
Fed's Powell: US economy solid, gradual interest rate cuts coming | AP News
Sep 30, 2024 · WASHINGTON (AP) — Federal Reserve Chair Jerome Powell signaled Monday that more interest rate cuts are in the pipeline but suggested they would occur at a measured pace intended to support a still-healthy economy.
Fed Cuts Interest Rates for First Time in Four Years - The New …
Sep 18, 2024 · The Federal Reserve cut interest rates on Wednesday by half a percentage point, an unusually large move and a clear signal that central bankers think they are winning their war against...
Federal Reserve cuts rates by half a point and signals era of …
Sep 19, 2024 · The Federal Reserve cut its benchmark interest rate by half a percentage point on Wednesday and signalled more reductions would follow, launching its first easing cycle since the onset of the...
Fed’s Schmid Favors Slower Pace for Interest-Rate Reductions
1 day ago · 3:35. Federal Reserve Bank of Kansas City President Jeffrey Schmid said he favors a slower pace of interest-rate reductions given uncertainty about how low the US central bank should ultimately ...
Federal Reserve Meeting Fed Raises Rates Again
Jul 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.
Fed Meeting Today: Live Analysis on Interest Rates, Powell …
Jun 12, 2024 · Fed dials back rate forecasts, signals just one cut in 2024; Policymakers holds key rate in unanimous decision; Inflation still elevated, with progress merely ‘modest’
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.