Fed Cuts Interest Rates for First Time in Four Years - The New York …
WEB1 day ago · Fed officials predicted that they would cut interest rates to 4.4 percent by the end of the year — much lower than the 5.1 percent they had been expecting in June, when they last released ...
WATCH: Federal Reserve Chair Powell speaks after Fed …
WEB1 day ago · WATC H: Chicago Fed president expects multiple interest rate cuts amid economic ‘overcooling’. In a statement and in a news conference with Chair Jerome Powell, the Fed came closer than it has ...
Fed meeting live updates: Fed lowers interest rates by half point, …
WEB1 day ago · Fed funds futures trading suggests a 55% likelihood that central bank officials will dial back rates by 50 basis points, according to the CME FedWatch Tool. They also imply a 45% probability of ...
Fed Meeting Today: Live Analysis on Interest Rates, Powell Speech ...
WEB1 day ago · New York Fed President John Williams said on Sept. 6 that he didn’t yet have a view on whether the Fed should lower interest rates by a quarter point or half point. Speaking that same day, Fed ...
Federal Reserve goes big with half-point interest rate cut ... - NBC News
WEB1 day ago · Sept. 18, 2024, 2:00 AM PDT / Updated Sept. 18, 2024, 11:50 AM PDT. By Rob Wile. The Federal Reserve said Wednesday it was lowering its key interest rate by half a percentage point, an unusually ...
Fed Meeting Today: Interest-Rate Cut, Powell's Speech In Focus
WEB2 days ago · Sep. 18, 2024 at 12:02 PM EDT. The big day is finally here. It’s almost certain the Federal Reserve will unveil its first rate cut since 2020 at 2 p.m. ET, but how large will it be? Just one ...
Kamala Harris calls Fed interest-rate cut 'welcome news,' says …
WEB1 day ago · Fed meeting today: Fed decides on aggressive 50 basis-point cut in interest rates. Follow along to MarketWatch's coverage of the Fed's interest-rate decision.
Federal Reserve issues FOMC statement
WEB1 day ago · Federal Reserve issues FOMC statement. For release at 2:00 p.m. EDT. Recent indicators suggest that economic activity has continued to expand at a solid pace. Job gains have slowed, and the unemployment rate has moved up but remains low. Inflation has made further progress toward the Committee's 2 percent objective but remains …
Fed Meeting Today: Live Analysis on Interest Rates, Powell Speech ...
WEBJun 12, 2024 · The FOMC voted unanimously to leave benchmark rate unchanged in target range of 5.25%-5.5%, a two-decade high, for a seventh straight meeting. The statement was tweaked to note “modest”...
Federal Reserve Meeting Fed Raises Rates Again
WEBJul 26, 2023 · Federal Reserve officials raised interest rates to their highest level in 22 years, continuing their 16-month campaign to wrestle inflation lower by cooling the American economy.