The Fed has waited four years to cut rates. But it’s still a tough call ...
WEB2 days ago · The Federal Reserve slashed interest rates aggressively Wednesday, announcing the first rate cut since March 2020. ... Federal Reserve Board Chairman Jerome Powell speaks during a news conference ...
Fed cuts interest rates by 50 basis points - USA TODAY
WEB2 days ago · The mother of all interest rates is actually a range, and it has sat at 5.25% to 5.5% since July 2023, following a campaign of rate hikes to combat surging inflation. In response, rates on ...
Fed Announces Big Rate Cut - The New York Times
WEB2 days ago · The S&P 500 and tech-heavy Nasdaq both closed roughly 0.3 percent lower, a modest drop, after rising earlier in the day on the news of the half-percentage rate cut.
Federal Reserve lowers interest rates by 0.50 percentage ... - CBS News
WEB2 days ago · The Fed said the cut lowers the federal funds rate into a range of 4.75% to 5%, down from its prior range of 5.25% to 5.5%, which had been its highest level in 23 years. The half-point move ...
The Fed just made a jumbo rate cut. Here are 5 takeaways on ... - CBS News
WEB1 day ago · How the Fed's interest rate reduction will impact your finances 03:00. ... told CBS News. "That will impact affordability for things like new homes, new cars or credit cards, and so the consumer ...
Live updates: First Fed rate cut since Covid | CNN Business
WEB2 days ago · Mortgage rates have already begun steadily falling in anticipation of the Fed’s expected Wednesday cut. According to Freddie Mac, the average 30-year fixed mortgage rate fell to 6.20% last week ...
Federal Reserve goes big with half-point interest rate cut ... - NBC News
WEB2 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 ...
WATCH: Federal Reserve Chair Powell speaks after Fed announces …
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 ...
Federal Reserve Meeting Fed Raises Rates Again
WEBJul 26, 2023 · Fed Raises Rates Again. Policymakers increased interest rates by a quarter point, to the highest level in 22 years. They also left the door open for further increases, as they continue the fight...
Federal Reserve News What Happened Today at the Fed Meeting
WEBMay 3, 2023 · What to know about the Fed’s latest move. Federal Reserve officials raised interest rates by a quarter-point on Wednesday in the tenth straight move in their fight against rapid inflation ...