Traders Bet on Fed December Rate Cut After Inflation Data - U.S. News
1 day ago · Short-term interest-rate futures contracts were pricing an 80% chance of a Fed rate cut, to the 4.25%-4.5% range, in December, up from about 60% before the data.
Fed Should Proceed 'With Caution' on Rate Cuts, Logan Says - U.S. News
9 hours ago · After 75 basis points of rate cuts by the U.S. central bank's policy-setting Federal Open Market Committee over the last couple of months, the Fed policy rate is now in the 4.50%-4.75% range ...
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's Schmid: Extent of Further Rate Cuts 'Remains to Be Seen' - U.S. News
1 day ago · REUTERS/Ann Saphir/File Photo. (Reuters) - Kansas City Federal Reserve Bank President Jeffrey Schmid on Wednesday said the U.S. central bank's interest-rate cuts to date acknowledge its growing ...
Fed Announces Big Rate Cut - The New York Times
Sep 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...
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 for the...
Federal Reserve goes big with half-point interest rate cut ... - NBC News
Sep 18, 2024 · The Federal Reserve said Wednesday it was lowering its key interest rate by half a percentage point, an unusually aggressive move designed to cushion the economy from a further slowdown.
Fed Cuts Interest Rates for First Time in Four Years - The New …
Sep 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 inflation...
Federal Reserve issues FOMC statement
Sep 18, 2024 · In light of the progress on inflation and the balance of risks, the Committee decided to lower the target range for the federal funds rate by 1/2 percentage point to 4-3/4 to 5 percent.
The Fed hikes interest rates by a quarter point and hints at ... - CNN
Jul 26, 2023 · The Federal Reserve raised its benchmark lending rate by a quarter point Wednesday, lifting interest rates to their highest level in 22 years.