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 …
The Fed cuts key rate by half-point, signaling end to its inflation ...
Sep 19, 2024 · The Federal Reserve cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates that helped tame inflation but …
Federal Reserve cuts interest rates by 0.25 percentage ... - CBS News
Dec 18, 2024 · The Federal Reserve on Wednesday announced its third consecutive interest rate cut of 2024, reducing its benchmark rate by 0.25 percentage points amid cooling inflation. Yet …
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 …
Federal Reserve officials at December meeting expected slower …
Jan 8, 2025 · WASHINGTON (AP) — Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace of interest rate cuts this year in the face of persistently elevated …
Key takeaways from the Fed’s third rate cut | CNN Business
Dec 18, 2024 · Fed Chair Jerome Powell said the latest rate cut was “a closer call,” adding that recent inflation readings were “the single biggest factor” on officials’ minds during the meeting.
Rate-Cut Decision Was Narrow, Fed Minutes Show
Jan 8, 2025 · Stubborn inflation, and potential tariffs, make future rate cuts uncertain. By Ben Casselman Federal Reserve officials cut interest rates as expected last month. But minutes …
Federal Reserve interest rate cut: December 2024 - NBC News
Dec 18, 2024 · In its statement announcing the cut, the Fed now projects just two interest rate cuts for 2025. It said the unemployment rate remains low, while the rate of inflation "remains …
The Federal Reserve cuts interest rates for first time since 2020
Sep 18, 2024 · The Federal Reserve moved aggressively Wednesday to start cutting interest rates as its single-minded focus on fighting inflation gives way to a growing interest in …
Fed lowers rates but sees fewer cuts next year due to stubbornly …
Dec 18, 2024 · Central bank's policy rate lowered to 4.25%-4.50% range; New policymaker projections forecast two rate cuts in 2025; Incoming Trump administration adds uncertainty to …