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Fed Announces Big Rate Cut - The New York Times
WEB1 day ago · 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 ...
The Fed Makes a Large Rate Cut and Forecasts More to Come
WEB1 day ago · 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 ...
Fed set to cut rates for first time in four years
WEB1 day ago · The Federal Reserve lowered its benchmark interest rate by a half point to 4.75 percent, the first cut in four years, hoping to keep the U.S. from sinking into a recession sparked by fallout from ...
WATCH: Federal Reserve Chair Powell speaks after Fed …
WEB1 day 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 ...
Fed goes big with interest rate cut in a bid to head off an ... - NBC News
WEB1 day 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 ...
Biden says Fed made 'declaration of progress ... - Associated Press News
WEB3 hours ago · Biden says Fed made ‘declaration of progress’ with interest rate cut. President Joe Biden delivers remarks at the Economic Club of Washington, Wednesday, Sept. 18, 2024, in Washington. (AP Photo/Rod Lamkey, Jr.) WASHINGTON (AP) — President Joe Biden said Thursday the Federal Reserve’s decision …
Live Updates: Fed Keeps Rates Steady, Hints at Future Cuts
WEBMar 20, 2024 · Federal Reserve officials left interest rates unchanged on Wednesday and continued to forecast that borrowing costs will come down somewhat by the end of the year as inflation eases.
Live: Fed Rate Decision, Powell News Conference
WEBJun 12, 2024 · Fed dials back rate forecasts, signals just one cut in 2024; Policymakers holds key rate in unanimous decision; Inflation still elevated, with progress merely ‘modest’
Federal Reserve lowers interest rates by 0.50 percentage ... - CBS News
WEB1 day 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 ...
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