Fed officials wary of inflation risks as they weigh more rate cuts
1 day ago · The Fed cut its policy rate by half a percentage point in September after a sharp slowdown in job growth and a rise in the unemployment rate raised concerns about a potential recession. Subsequent ...
Fed Cuts Rates Again - The New York Times
Nov 7, 2024 · 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 ...
The Federal Reserve made a rate cut decision today. Here's ... - CBS News
6 days ago · That brings down the federal funds rate — the interest rate banks charge each other for borrowing money — to a range of 4.5% to 4.75% from its current 4.75% to 5% level.
The Fed just cut rates again — and the timing is undeniably …
Nov 7, 2024 · But, nope: Mortgage rates fell in anticipation of the Fed cutting rates, but they’ve been creeping higher for six straight weeks, and a 30-year mortgage will now land you a rate of nearly 6.8%.
Key takeaways from the Fed’s decision to deliver a jumbo-sized
Sep 18, 2024 · The Federal Reserve slashed interest rates aggressively Wednesday, announcing the first rate cut since March 2020. The half-point move paves the way for lower borrowing costs on everything...
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...
Fed Announces Big Rate Cut - The New York Times
Sep 18, 2024 · The Fed’s decision lowers rates to about 4.9 percent, down from a more than two-decade high. Fed officials lowered interest rates because they are confident that inflation is coming back down...
The Fed Makes a Large Rate Cut and Forecasts More to Come
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...
The Fed cuts key rate by half-point, signaling end to its inflation ...
Sep 19, 2024 · The Federal Reserve cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates that helped tame inflation but also made borrowing painfully expensive for consumers.
Fed's Kashkari says he's confident inflation is headed down
1 day ago · Nov 13 (Reuters) - Minneapolis Federal Reserve Bank President Neel Kashkari said on Wednesday that he is confident inflation is headed down, noting that data released minutes earlier 'confirms ...