Federal Reserve made a 3rd consecutive rate cut today. Here's …
On Dec. 18, the Federal Reserve made its third consecutive cut of 2024, reducing the federal funds rate by 0.25 percentage points. Yet the Fed also projected a slower pace of cuts in 2025,...
Fed officials see risks of higher inflation ahead, support pause in ...
5 days ago · The Fed’s 19 officials who participate in its interest-rate decisions indicated that “they would want to see further progress on inflation before making” any further cuts. They kept the Fed’s key rate at 4.3%, after cutting it from a two-decade high of 5.3% late last year.
No Rate Cut Expected At Next Fed Decision On March 19 - Forbes
1 day ago · Fixed income markets imply that one or two interest rate cuts are possible in 2025, but that there may not be another rate cut until summer, perhaps at the FOMC’s June or July meeting.
Interest Rate Cuts on Hold Till Inflation Improves, Fed Meeting …
5 days ago · For the time being, Fed officials believe their current interest rate settings — at 4.25 percent to 4.5 percent — are holding back economic activity and continuing to weigh on inflation, which ...
Federal Reserve cuts interest rates by 0.25 percentage points, but ...
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 in a blow for...
Fed not 'in a hurry' to cut interest rates again, Powell tells Senate
Feb 11, 2025 · After hiking its key interest rate to a 23-year high of 5.25% to 5.5% in 2022 and 2023 to tame a pandemic-induced inflation surge, the Fed cut the rate by a total percentage point at three ...
Key takeaways from the Fed’s third rate cut | CNN Business
Dec 18, 2024 · Fed officials penciled in just two rate cuts for next year, according to their latest forecasts, down from the four they projected in September. Officials also project slightly stronger...
Fed to wait for months on next rate cut as tariffs risk inflation flare ...
Feb 11, 2025 · While a near-60% majority of economists in a January poll had expected the central bank to reduce rates in March, they were divided in the February 4-10 poll on when the Fed will cut next.
Live updates: First Fed rate cut since Covid | CNN Business
Sep 18, 2024 · In a significant shift for the US economy, the Federal Reserve announced a jumbo-sized rate cut Wednesday, its first rate reduction cut since Covid. It’s a major economic milestone both...
Federal Reserve interest rate cut: December 2024 - NBC News
Dec 18, 2024 · The Federal Reserve announced a quarter-point cut to its key interest rate Wednesday, an effort to keep what appears to be a steady but cooling economy stable.