Fed cuts interest rates again but Trump win clouds outlook for 2025
1 day ago · On Thursday, the Federal Reserve reduced the federal funds rate by a quarter point to bring the short term rate down to a set range of 4.5% to 4.75%. The rate cut follows a half-point cut on Sept. 18.
Federal Reserve cuts its key interest rate by a quarter-point | AP News
6 days ago · By CHRISTOPHER RUGABER. Updated 2:42 PM PST, November 7, 2024. WASHINGTON (AP) — The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trump’s presidential election victory this week.
The Federal Reserve cuts interest rates as Trump's 2nd term …
6 days ago · Here's what Trump 2.0 means for the economy, from tariffs to mass deportations. The Fed's rate-setting committee lowered its benchmark interest rate to a range between 4.5% and 4.75%, as ...
Trump, Jay Powell and a Potential Fight over the Fed’s Future
2 days ago · A battle over the Fed’s future. Donald Trump’s threat to exert more say over the Fed or even fire Jay Powell, the chair of the central bank, has alarmed some on Wall Street. But the president ...
Fed Cuts Rates Again - The New York Times
6 days ago · The Fed’s move comes just days after America elected Donald J. Trump as its next president, and at a moment when the U.S. economy stands on the brink of change. Fed officials lowered interest ...
Fed cuts rates again as Trump's victory makes future murky - Los ...
6 days ago · Nov. 7, 2024 11:30 AM PT. The Federal Reserve cut interest rates for a second straight time Thursday in an effort to keep the economy sailing along by easing the high borrowing costs it engineered ...
Trump is likely to allow Fed chair to serve remainder of his term
5 days ago · An independent Fed. President-elect Donald Trump is likely to allow Federal Reserve Chair Jerome Powell to serve out the remainder of his term, which expires in May 2026, according to a senior ...
Fed cuts key interest rate a quarter-point but signals ... - NBC News
6 days ago · Just as the pace of consumer price increases has meaningfully slowed, concerns about the impact of Trump's economic proposals have quickened. The Federal Reserve announced Thursday it was lowering ...
Fed meeting recap: Powell ‘feeling good’ about economy, says Trump …
6 days ago · The Federal Reserve trimmed interest rates by a quarter point, bringing the target rate range to 4.5% to 4.75%. Fed Chair Jerome Powell said he was "feeling good" about the economy.
Fed's Powell flags careful, patient approach after rate cut
6 days ago · Central bank lowers policy rate to 4.50%-4.75% range; Trump's election victory clouds Fed's outlook; Financial markets still expect year-end rate cut