Federal Reserve lowers interest rates by 0.50 ... - CBS News
网页4 天之前 · 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 ...
Fed Cuts Interest Rates for First Time in Four Years - The ...
网页5 天之前 · 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 last released ...
Key takeaways from the Fed’s decision to deliver a jumbo ...
网页5 天之前 · That was the first dissent from a Fed governor since 2005. Fed officials also penciled in more rate cuts by year’s end in their latest economic forecasts, compared to the single cut in 2024 that ...
Fed cuts interest rates by 50 basis points - USA TODAY
网页5 天之前 · 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 ...
Federal Reserve goes big with half-point interest rate cut ...
网页5 天之前 · Sept. 18, 2024, 2:00 AM PDT / Updated Sept. 18, 2024, 12:47 PM PDT. By Rob Wile. The Federal Reserve said Wednesday it was lowering its key interest rate by half a percentage point, an unusually ...
Fed meeting live updates: Fed lowers rates by half point in ...
网页5 天之前 · Fed meeting live updates: Fed lowers interest rates by half point, its first cut since 2020. Darla Mercado, CFP®. The Federal Reserve surprised Wall Street with a half-point rate cut on Wednesday ...
The Fed cuts key rate by half-point, signaling end to its ...
网页4 天之前 · The cut amounts to a declaration of victory over inflation, which has come down from a peak of 9.1% in June 2022 to 2.5% last month. The Fed signaled that it will cut the rate by another half a percentage point this year and expects four more cuts in 2025 and two in 2026. WASHINGTON (AP) — The Federal Reserve on …
First interest rate cut in 4 years likely as the Federal ...
网页2024年7月31日 · WASHINGTON (AP) — Federal Reserve Chair Jerome Powell on Wednesday set the stage for the central bank’s first rate cut in four years, citing greater progress toward lower inflation as well as a cooler job market that no longer threatens to overheat the economy.
The Fed Suggested That Rate Cuts Could Come Soon
网页2024年7月31日 · The Federal Reserve left its benchmark interest rate unchanged at a two-decade high but suggested that recent progress in lowering inflation could enable it to cut interest rates soon.
Fed Keeps Rates Steady and Forecasts Only One Cut This Year
网页2024年6月12日 · The Federal Reserve left interest rates unchanged on Wednesday and signaled one cut in 2024, with more to come in 2025. Earlier, inflation data for May came in cooler than expected.