Key takeaways from the Fed’s decision to deliver a jumbo-sized
WEB1 day ago · The Federal Reserve slashed interest rates aggressively Wednesday, announcing the first rate cut since March 2020. ... Federal Reserve Board Chairman Jerome Powell speaks during a news conference ...
Fed Announces Big Rate Cut - The New York Times
WEB2 days ago · 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. The Fed’s decision ...
The Fed is set to cut interest rates for the first time in 4 years
WEB1 day ago · Updated 3:35 AM PDT, September 18, 2024. WASHINGTON (AP) — Having all but tamed inflation, the Federal Reserve is poised to do something Wednesday it hasn’t done in more than four years: Cut its benchmark interest rate, a step that should lead to lower borrowing costs for consumers and businesses just weeks before the …
The Fed Makes a Large Rate Cut and Forecasts More to Come
WEB2 days ago · 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 ...
Live: Analysis of Fed Rate Decision, Powell News Conference
WEB2 days ago · New York Fed President John Williams said on Sept. 6 that he didn’t yet have a view on whether the Fed should lower interest rates by a quarter point or half point. Speaking that same day, Fed ...
Federal Reserve goes big with half-point interest rate cut ... - NBC News
WEB2 days ago · Sept. 18, 2024, 2:00 AM PDT / Updated Sept. 18, 2024, 11:50 AM PDT. By Rob Wile. The Federal Reserve said Wednesday it was lowering its key interest rate by half a percentage point, an unusually ...
A Fed rate cut is coming. How big is anyone's guess. - NBC News
WEB2 days ago · Sept. 17, 2024, 12:50 PM PDT. By Rob Wile. The Federal Reserve is poised to cut its key interest rate Wednesday, the first time since the onset of the Covid-19 pandemic that it has pushed it lower ...
After Fed Cuts Rates, Biden Claims Credit for Economy’s Strength
WEB1 day ago · Sept. 19, 2024. President Biden on Thursday hailed the Federal Reserve’s move this week to begin cutting interest rates, casting it as a sign of America’s economic health and evidence that a ...
Fed Cuts Rates by Half Percentage Point - WSJ
WEB1 day ago · The central bank’s decision brings the benchmark federal-funds rate to a range between 4.75% and 5% and follows an all-out fight against inflation launched two years ago.
US dollar strengthens ahead of expected Fed rate cut | Reuters
WEB4 days ago · The U.S. dollar strengthened against most major currencies on Tuesday following better-than-expected retail sales data that seemed to support a less aggressive stance by the Federal Reserve, which ...