Fed Cuts Rates Again - The New York Times
Nov 7, 2024 · Fed officials lowered interest rates to a range of 4.5 to 4.75 percent on Thursday, but avoided talking about politics in their post-meeting statement. ... said during a news conference on ...
Mortgage Rates Fell, Then Rose. What Comes Next?
3 days ago · The rate on a 30-year mortgage has risen to 6.79 percent nationally, from about 6.1 percent a month ago. Martina Tuaty for The New York Times. Rafael Corrales, a real estate agent in Miami ...
Fed cuts key interest rate a quarter-point but signals ... - NBC News
Nov 7, 2024 · With that cut, the central bank’s federal funds rate falls to a 4.5%-to-4.75% range. Heading into Tuesday’s presidential vote, the Fed would have been justified in celebrating the return of ...
‘The time has come’: The Fed just sent a crucial message ... - CNN
Aug 23, 2024 · The Fed’s aggressive rate-hiking campaign, which started in early 2022, thrust interest rates up to a 23-year high in a bid to combat the highest inflation in decades.
Fed Announces Big Rate Cut - The New York Times
Sep 18, 2024 · Tom Brenner/Reuters. 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....
Key takeaways from the Fed’s latest interest rate decision
Jun 12, 2024 · The Fed has kept interest rates at a 23-year high for nearly a year, after kicking off an aggressive rate-hiking campaign in March 2022. Central bankers are waiting for more evidence that...
Fed Interest Rates Live Updates: Powell Raises a Half Percentage …
May 4, 2022 · On Wednesday, central bank officials approved a half-percentage-point interest rate increase, lifting the federal-funds rate to a target range between 0.75% and 1%.
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...
Fed officials wary of inflation risks as they weigh more rate cuts
1 day ago · Nov 13 (Reuters) - The U.S. central bank should proceed cautiously on further interest rate cuts to keep from inadvertently reigniting inflation, Dallas Federal Reserve President Lorie Logan said ...
CPI report shows inflation ticked up in October. How will Fed …
1 day ago · Prices were 2.6% higher in October than a year earlier, according to the latest Consumer Price Index, released Wednesday. That's a much lower inflation rate than American consumers endured through ...