Federal Reserve issues FOMC statement
Nov 7, 2024 · Recent indicators suggest that economic activity has continued to expand at a solid pace. Since earlier in the year, labor market conditions have generally eased, and the unemployment rate has moved up but remains low. Inflation has made progress toward the Committee's 2 percent objective but remains somewhat elevated.
Federal Reserve made a 3rd consecutive rate cut today. Here ... - CBS News
5 days ago · On Dec. 18, the Federal Reserve made its third consecutive cut of 2024, reducing the federal funds rate by 0.25 percentage points. Yet the Fed also projected a slower pace of cuts in 2025, a move ...
Live: Federal Reserve Chair Jerome Powell Says The Economy Is In …
3 days ago · Here, we will bring you the latest news on the Fed's decision, explain what it means, and provide analysis. ... The Federal Reserve System, commonly known as the Fed, is the central bank of the U ...
Federal Reserve interest rate cut: December 2024 - NBC News
3 days ago · The Federal Reserve announced a quarter-point cut to its key interest rate Wednesday, an effort to keep what appears to be a steady but cooling economy stable.
US Federal Reserve Rate Cut: Powell caution about 'further cuts' …
3 days ago · Federal Reserve policymakers projected two quarter-point rate cuts next year. The Dow ended more than 1,100 points lower, marking its longest daily streak of losses since 1974.
Fed Cuts Rates, but Projects Fewer Reductions Next Year - The …
3 days ago · Federal Reserve officials projected just two rate cuts in 2025, and they made it clear that future reductions would hinge on inflation progress.
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.
U.S. Federal Reserve News | Today's Latest Stories | Reuters
3 days ago · Bond investors, expecting the Federal Reserve to cut interest rates by a quarter of a percentage point on Wednesday, are bracing for the central bank to scale back its easing in 2025 in...
Four Fed policymakers favor more rate cuts, but differ on pace
Oct 21, 2024 · Four Federal Reserve policymakers on Monday expressed support for further interest-rate cuts, but appeared to differ on how fast or far they believe any cuts should go.
News & Events - Federal Reserve Board
4 days ago · The Fed Listens initiative aims to engage a wide range of stakeholders to hear how the economy is progressing across the United States. Learn More. Last Update: December 13, 2024. The Federal Reserve Board of Governors in Washington DC.