The Fed just announced a jumbo-sized interest rate cut
WEB3 days ago · 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 from ...
Fed cuts interest rates by 50 basis points - USA TODAY
WEB4 days ago · Besides forecasting a dip in the federal funds rate to a range of 4.5% to 4.75% by year’s end, Fed policymakers penciled in the equivalent of four more quarter-point cuts next year and another ...
The Fed’s long-awaited rate cut is colliding with presidential
WEB3 days ago · The US Federal Reserve is seen in Washington, DC, on September 16, 2024. Mandel Ngan/AFP/Getty Images. CNN —. The Federal Reserve is preparing to cut interest rates for the first time in the ...
The Fed Makes a Large Rate Cut and Forecasts More to Come
WEB4 days ago · By Karl Russell. 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 ...
Fed Announces Big Rate Cut - The New York Times
WEB4 days ago · In 2024, for example, nine of the central bank’s 19 officials expect rates to end the year at about 4.4 percent, half a point below where they stand after the jumbo rate cut on Wednesday.
What’s Next for Rate Cuts? The Fed Is Watching Jobs and Prices.
WEB2 days ago · Some of the Fed’s decision to make a large rate cut this week was rooted in the job market — unemployment has ticked up to 4.2 percent, up notably from a low of 3.4 percent last year, and ...
The Fed is finally about to cut interest rates. What took so long?
WEB6 days ago · It’s simple: The Fed didn’t cut interest rates sooner because it could have reignited inflation or left it stuck above the central bank’s target. While it was a steady (but grueling) journey ...
Why the Federal Reserve has gambled on a big interest-rate cut
WEB4 days ago · T he Federal Reserve’s decision on September 18th to lower interest rates by half a percentage point, to between 4.75% and 5%, is momentous. As the first cut by America’s central bank since it ...
Fed Meeting Today: Traders Brace for Rate Cut, Await Dot Plot
WEB5 days ago · U.S. stocks finished lower after the Federal Reserve voted to cut interest rates by 0.5 percentage point, opting for a more aggressive reduction than investors had been expecting just a week ago.
Fed cuts rates by a half point at September 2024 meeting
WEB4 days ago · Over the past week, the odds had shifted to a half-point cut, with the probability for 50 basis points at 63% just prior to the decision coming down, according to the CME Group’s FedWatch gauge ...
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