Fed Announces Big Rate Cut - The New York Times
WEBSep 18, 2024 · 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...
Fed's Powell: US economy solid, gradual interest rate cuts coming | AP News
WEB5 days ago · 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.. His comments, at a conference of the National Association for Business Economics in Nashville, Tennessee, disappointed the hopes of many investors that the Fed would implement ...
Key takeaways from the Fed’s decision to deliver a jumbo-sized
WEBSep 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...
The Fed Makes a Large Rate Cut and Forecasts More to Come
WEBSep 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...
Powell Points to Two More Normal-Size Rate Cuts This Year
WEB5 days ago · Jerome H. Powell, chair of the Federal Reserve, said that central bankers will lower rates as much as needed, but have forecast two more quarter-point rate cuts this year. Listen to this article ...
We finally got a rate cut. Here’s what history says will happen next ...
WEBSep 23, 2024 · New YorkCNN — So we finally got a rate cut — and a supersized one at that. After the move was announced Wednesday, Federal Reserve Chair Jerome Powell said officials made that decision to keep...
Fed cuts rates by a half point at September 2024 meeting
WEBThe Federal Reserve on Wednesday lowered the federal funds rate to a range between 4.75%-5%.
The Fed cuts key rate by half-point, signaling end to its inflation ...
WEBSep 19, 2024 · The Federal Reserve cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates that helped tame inflation but also made borrowing painfully expensive for consumers.
Federal Reserve goes big with half-point interest rate cut ... - NBC News
WEBThe Federal Reserve uses its federal funds rate, which serves as a benchmark for interest rates in the rest of the economy, as its main tool for regulating inflation and unemployment.
Federal Reserve lowers interest rates by 0.50 percentage ... - CBS News
WEBFederal Reserve enacts first rate cut since 2020 02:50. ... told CBS News. The Fed's forecast shows that its members are projecting that the median federal funds rate will …