Federal Reserve lowers interest rates by 0.50 percentage ... - CBS News
WEB3 days 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 ...
News & Events - Federal Reserve Board
WEBSep 20, 2017 · News & Events. Minutes of the Federal Open Market Committee, July 30–31, 2024. August 21, 2024. The Fed Listens initiative aims to engage a wide range of stakeholders to hear how the economy is progressing across the …
Federal Reserve News Fed Takes Aggressive Action in Inflation …
WEBJun 15, 2022 · The Federal Reserve took its most aggressive step yet to try to tame rapid and persistent inflation, raising interest rates by three-quarters of a percentage point on Wednesday and signaling that...
Federal Reserve News What Happened Today at the Fed Meeting
WEBMay 3, 2023 · What to know about the Fed’s latest move. Federal Reserve officials raised interest rates by a quarter-point on Wednesday in the tenth straight move in their fight against rapid inflation...
Federal Reserve News Fed Raises Rates Amid Banking Turmoil
WEBMar 22, 2023 · The Federal Reserve raised interest rates by a quarter-point, the ninth increase in a year, as it balances the long-running fight against inflation with the sudden tumult in banking.
‘The time has come’: The Fed just sent a crucial message ... - CNN
WEBAug 23, 2024 · America’s top central banker has unambiguously signaled that lower interest rates are finally on the horizon, marking a crucial milestone for the Federal Reserve’s historic — and, so far ...
Federal Reserve: Interest rates will stay at two-decade high - AP News
WEBUpdated 6:53 PM PDT, May 1, 2024. WASHINGTON (AP) — The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn’t plan to cut interest rates until it has “greater confidence” that price increases are slowing sustainably to its 2% target.
What you should know after the Fed cut rates | AP News
WEB4 days ago · 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 minutes: Policymakers saw a ... - Associated Press News
WEBMay 22, 2024 · WASHINGTON (AP) — After several unexpectedly high inflation readings, Federal Reserve officials concluded at a meeting earlier this month that it would take longer than they previously thought for inflation to cool enough to justify reducing their key interest rate, now at a 23-year high.
Federal Reserve officials were open to further US rate rises to …
WEBMay 22, 2024 · Some US Federal Reserve officials signalled they would be prepared to raise interest rates further if inflation became more aggressive, according to a record of their last meeting at the start...
Skip to content