We finally got a rate cut. Here’s what history says will happen next
WEB1 day ago · For instance, a year after the Fed cut rates in July 1995, the unemployment rate was unchanged at 5.5%. And the unemployment rate was actually lower in September 1999 compared to September 1998 ...
Fed Cuts Interest Rates for First Time in Four Years - The New …
WEBSep 18, 2024 · 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 ...
The Federal Reserve cuts interest rates for first time since 2020
WEB6 days ago · 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. “We’re ...
Federal Reserve goes big with half-point interest rate cut ... - NBC News
WEB6 days ago · The Federal Reserve said Wednesday it was lowering its key interest rate by half a percentage point, an unusually aggressive move designed to cushion the economy from a further slowdown.
Fed Meeting Today: Live Analysis on Interest Rates, Powell …
WEB6 days ago · Policymakers’ updated projections showed a 4.4% jobless rate for the end of 2024 and 2025, up slightly from the 4.2% rate seen in August. Growth was penciled in at 2% for 2024 through 2027.
WATCH: Federal Reserve Chair Powell speaks after Fed announces interest …
WEB6 days ago · WASHINGTON (AP) — The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates helped tame...
Federal Reserve issues FOMC statement
WEBJun 12, 2024 · Federal Reserve issues FOMC statement. For release at 2:00 p.m. EDT. Recent indicators suggest that economic activity has continued to expand at a solid pace. Job gains have remained strong, and the unemployment rate has remained low. Inflation has eased over the past year but remains elevated.
The Fed hikes interest rates by a quarter point and hints at ... - CNN
WEBJul 26, 2023 · The Federal Reserve raised its benchmark lending rate by a quarter point Wednesday, lifting interest rates to their highest level in 22 years.
Federal Reserve News Fed Raises Rates Amid Banking Turmoil
WEBMar 22, 2023 · Federal Reserve officials raised interest rates by a quarter-point on Wednesday, as officials tried to balance two conflicting problems: the risk of runaway inflation and the threat of...
Federal Reserve Meeting Fed Leaves Rates Unchanged, for Now
WEBJun 14, 2023 · Federal Reserve officials on Wednesday left interest rates unchanged, skipping an increase after making 10 in a row, while also predicting that they could lift them twice more this year.