Fed Cuts Interest Rates and Markets Plunge After 2025 Forecast
Dec 18, 2024 · Federal Reserve officials made their third and final rate cut of 2024 at their meeting on Wednesday. They also forecast two fewer rate reductions in 2025 than they had previously expected, as...
Rate-Cut Decision Was Narrow, Fed Minutes Show
2 days ago · The minutes of the central bank’s Dec. 17-18 meeting, released on Wednesday, showed that most Fed officials still expected to cut rates eventually. But they also showed that policymakers were ...
Federal Reserve made a 3rd consecutive rate cut today. Here ... - CBS News
Dec 18, 2024 · What was the Fed rate decision today? The Fed cut its federal funds rate — the interest rate banks charge each other for short-term loans — by 0.25 percentage points, lowered the rate to a range...
Federal Reserve cuts interest rates by 0.25 percentage ... - CBS News
Dec 18, 2024 · Federal Reserve cuts interest rate again 04:10. ... "The market is forward-looking and ignored the good news of today's rate cut and instead focused on the paucity of rate cuts for next year ...
Federal Reserve interest rate cut: December 2024 - NBC News
Dec 18, 2024 · 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.
Federal Reserve cuts key rate by a quarter-point | AP News
Dec 18, 2024 · The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year than it previously envisioned, largely because of still-elevated inflation.
The Federal Reserve made a rate cut decision today. Here's ... - CBS News
Nov 8, 2024 · The Federal Reserve on Thursday made its second rate cut of this year, with the decision coming less than two months after the central bank's surprise jumbo cut in September.
Fed Cuts Rates Again - The New York Times
Nov 7, 2024 · Federal Reserve officials cut interest rates on Thursday, their second reduction of 2024 and the latest sign that policymakers believe that inflation is finally coming under control.
Live updates: First Fed rate cut since Covid | CNN Business
Sep 18, 2024 · In a significant shift for the US economy, the Federal Reserve announced a jumbo-sized rate cut Wednesday, its first rate reduction cut since Covid. It’s a major economic milestone both...
The Fed cuts key rate by half-point, signaling end to its inflation ...
Sep 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.