Fed’s jumbo cut decision wasn’t unanimous - CNN
WEB15 hours ago · Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in order to avoid roiling markets. But Wall Street was mostly clueless ...
What’s Next for Rate Cuts? The Fed Is Watching Jobs and Prices.
WEB15 hours ago · The Fed Is Watching Jobs and Prices. A Federal Reserve official predicted quarter point rate cuts if data looked ‘fine’. But he also set out a scenario for a pause — or faster reductions ...
Live updates: First Fed rate cut since Covid | CNN Business
WEB2 days ago · 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 ...
The Fed just announced a jumbo-sized interest rate cut
WEB2 days ago · The Fed has indeed walked a fine line in taming price pressures without sacrificing America’s job market, an extremely difficult task because rate hikes function by deliberately cooling the economy.
Fed goes big with interest rate cut in a bid to head off an economic ...
WEB3 days 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 Cuts Interest Rates for First Time in Four Years - The New York …
WEB3 days 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 ...
Fed Announces Big Rate Cut - The New York Times
WEB3 days ago · 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 ...
WATCH: Federal Reserve Chair Powell speaks after Fed …
WEB2 days 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 ...
Biden says Fed made 'declaration of progress ... - Associated Press News
WEB1 day ago · Biden says Fed made ‘declaration of progress’ with interest rate cut. President Joe Biden delivers remarks at the Economic Club of Washington, Wednesday, Sept. 18, 2024, in Washington. (AP Photo/Rod Lamkey, Jr.) WASHINGTON (AP) — President Joe Biden said Thursday the Federal Reserve’s decision …
Fed Cuts Rates by Half Percentage Point - WSJ
WEB2 days ago · The central bank’s decision brings the benchmark federal-funds rate to a range between 4.75% and 5% and follows an all-out fight against inflation launched two years ago.
Skip to content