The Federal Reserve cuts interest rates for first time since 2020
网页3 天之前 · Inflation is slowing — but so is the job market. The rate cut on Wednesday comes as the annual inflation rate has fallen sharply, to 2.5% last month, from a peak of 9.1% in June 2022.
Fed Cuts Interest Rates for First Time in Four Years - The New …
网页4 天之前 · 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 ...
Key takeaways from the Fed’s decision to deliver a jumbo-sized interest …
网页3 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3 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 ...
Fed Announces Big Rate Cut - The New York Times
网页4 天之前 · 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. The Fed’s decision ...
Fed cuts rates by a half point at September 2024 meeting
网页3 天之前 · Federal Reserve cuts rates by 50 basis points. WASHINGTON – The Federal Reserve on Wednesday enacted its first interest rate cut since the early days of the Covid pandemic, slicing half a ...
What you should know after the Fed cut rates | AP News
网页3 天之前 · NEW YORK (AP) — The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses.. On Wednesday, the Fed announced that it reduced its key rate by an unusually large half-percentage point, to between 4.75 and 5 percent, the first rate cut in more than four years.
Federal Reserve lowers interest rates by 0.50 percentage points in ...
网页3 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 ...
Federal Reserve goes big with half-point interest rate cut, its first ...
网页4 天之前 · The federal funds rate, which acts as a benchmark for borrowing rates in the rest of the economy, will now move down to about 4.8%, the lowest level since March 2023. The central bank also said it ...
What Fed Interest Rate Cuts Means for Mortgages, Car Loans and …
网页5 天之前 · Here’s what the half-point interest rate cut will mean for your car loans, credit cards, mortgages, savings and student loans. The moment consumers have been waiting for is finally here: The ...
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