Federal Reserve issues FOMC statement
Dec 18, 2024 · The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system. ... Adriana D. Kugler; and Christopher J. Waller. Voting against the action was Beth M. Hammack, who preferred to maintain the target range for the federal funds rate at 4-1/2 to 4-3/4 percent. For ...
Federal Reserve officials at December meeting expected slower …
Jan 8, 2025 · WASHINGTON (AP) — Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace of interest rate cuts this year in the face of persistently elevated inflation and the threat of widespread tariffs and other potential policy changes.. Minutes from the meeting, released after the typical three-week lag, also showed clear division among the …
Fed meeting December 2024: Fed cuts rate by a quarter point
Dec 18, 2024 · The Federal Reserve on Wednesday announced its decision on interest rates.
Fed Cuts Interest Rates and Markets Plunge After 2025 Forecast
Dec 18, 2024 · The Federal Reserve cut interest rates by a quarter point, its third reduction this year, but suggested only two more reductions next year as inflation lingers. Dec. 18, 2024.
Live: Federal Reserve Chair Jerome Powell Says The Economy Is In …
Dec 18, 2024 · While the Federal Reserve’s decision this week to cut its key interest rate was widely expected, a series of dots the Fed released Wednesday surprised economists and investors. The closely...
Federal Reserve cuts interest rates by 0.25 percentage points, but ...
Dec 18, 2024 · Speaking in a Wednesday press conference, Federal Reserve Chairman Jerome Powell acknowledged that progress in driving inflation down to the central bank's goal of a 2% annual rate has been slower ...
Federal Reserve goes big with half-point interest rate cut, its first ...
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 Rates, but Projects Fewer Reductions Next Year - The …
Dec 18, 2024 · Federal Reserve officials projected just two rate cuts in 2025, and they made it clear that future reductions would hinge on inflation progress. Listen to this article · 6:03 min Learn more.
The Fed Is Stuck Fighting the Last War - The New York Times
Dec 13, 2024 · The Federal Reserve, holding its last meeting of the year this coming week, has been fighting runaway consumer prices for nearly three years. So far, at least, it has managed an unusual feat: The ...
Fed Trio Express Confidence Inflation Will Continue to Slow
17 hours ago · A clutch of Federal Reserve officials on Wednesday welcomed fresh data showing a crucial gauge of consumer prices in December rose less than expected, giving them confidence inflation would ...