Stocks and Bonds Fall After Strong Jobs Report Fuels Interest Rate ...
18 hours ago · That’s because the Fed only directly sets a very short-term rate, which then filters through markets and into longer-dated interest rates, like the yield on the 10-year Treasury.
Federal Reserve cuts interest rates by 0.25 percentage ... - CBS News
Dec 18, 2024 · The Fed lowered the federal funds rate — the interest rate banks charge each other for short-term loans — to a range of 4.25% to 4.5%, down from its previous target range of 4.5% to 4.75%.
Federal Reserve made a 3rd consecutive rate cut today. Here ... - CBS News
Dec 18, 2024 · The Federal Reserve today made its final interest rate decision of 2024, capping a year during which the central bank provided some financial relief to inflation-weary borrowers in September by...
Fed Cuts Interest Rates and Markets Plunge After 2025 Forecast
Dec 18, 2024 · Federal Reserve officials made their third and final rate cut of 2024 at their meeting on Wednesday. They also forecast two fewer rate reductions in 2025 than they had previously expected, as...
Fed Cuts Interest Rates, but Projects Fewer Reductions in 2025
Dec 18, 2024 · A chart showing the Federal funds target rate having decreased to 4.5 percent from 4.45 percent and what 19 Fed officials think that rate should be at the end of this year and next, which range ...
Federal Reserve lowers interest rates by 0.25 percentage ... - CBS News
Nov 7, 2024 · The Federal Reserve on Thursday announced its second interest rate cut of 2024, trimming its benchmark rate by 0.25 percentage points amid cooling inflation. The expected move by the U.S....
Fed cuts interest rates by 50 basis points - USA TODAY
Sep 18, 2024 · WASHINGTON — In the end, the Fed decided to go big. The Federal Reserve lowered its key interest rate by a hefty half percentage point Wednesday, moving ahead with …
Jerome Powell says Fed to soon begin reducing interest rates | AP News
Aug 23, 2024 · With inflation nearly defeated and the job market cooling, the Federal Reserve is prepared to start cutting its key interest rate from its current 23-year high, Chair Jerome Powell said Friday.
Fed's Powell: US economy solid, gradual interest rate cuts coming | AP News
Sep 30, 2024 · At their last meeting Sept. 18, Fed officials reduced their rate to 4.8%, from a two-decade high of 5.3%, and penciled in two more quarter-point rate cuts in November and December. On Monday, Powell said that remains the most likely outcome.
More Interest Rate Cuts Coming But Timing Uncertain, Fed’s …
1 day ago · Federal Reserve Bank of Philadelphia President Patrick Harker said officials are on track to lower interest rates this year, but the exact timing will depend on what happens with the economy.