Fed Officials Strike An Optimistic Tone After Slashing Rate Cut Forecasts
Chicago Federal Reserve Bank President Austan Goolsbee said interest rates would be lowered by a “fair amount” next year in ...
Fed cuts interest rates, delivering relief for borrowers at last meeting before Trump takes office
The benchmark interest rate helps determine loan payments for everything from credit cards to mortgages. Even after recent cuts, the Fed's interest rate remains at a historically high level of between ...
When is the Next Fed Meeting? See the Calendar
The Federal Reserve finished its two-day meeting Wednesday with an interest-rate cut. Here is a rundown of the meetings for 2025: Jan. 28-29 March 18-19 May 6-7 June 17-18 July 29-30 Sept. 16-17 Oct.
Live: Federal Reserve Chair Jerome Powell Says The Economy Is In A 'Really Good Place'
The projections are a snapshot of individual committee members' best guesses on the future of unemployment, inflation and ...
Fed cuts interest again, but signals fewer reductions next year
The U.S. Federal Reserve’s Open Market Committee voted 11 to 1 to cut its benchmark rate by 0.25% on Wednesday, but the ...
FOMC now sees fed funds rate going no lower than 3%
The Fed tweaked its long-run target for its benchmark interest rate to 3% from 2.9%, marking the first time it’s hit 3% since 2018. That’s what the Fed considers the “neutral rate of interest - one ...
Fed says it is mulling ‘extent and timing’ of further changes to its policy rate
In a significant revision, the Fed changed its statement to say it will consider "the extent and timing" of additional moves to its policy interest rate. Prior statements only mentioned that the Fed ...