Powell Points to Two More Normal-Size Rate Cuts This Year
WEB11 hours ago · Those showed that policymakers thought they would lower rates by another half percentage point by the end of 2024. “That would mean two more cuts, it wouldn’t mean more 50s,” Mr. Powell said ...
Fed's Powell: US economy solid, gradual interest rate cuts coming | AP News
WEB11 hours ago · At their last meeting Sept. 18, Fed officials reduced their rate to 4.8%, from a two-decade high of 5.3%, and penciled in two more quarter-point rate cuts in November and December. On Monday, Powell said that remains the most likely outcome. “If the economy performs as expected, that would mean two more cuts this year,” both by a quarter ...
The Fed slashed interest rates last week, but Treasury yields are ...
WEB5 days ago · The 10-year note yield, considered the benchmark for government bond yields, has leaped about 17 basis points since the Federal Open Market Committee meeting of Sept. 17-18 — reversing what had ...
Fed chair says US economy is in 'solid shape,' gradual rate ... - ABC News
WEB10 hours ago · At their last meeting Sept. 18, Fed officials reduced their rate to 4.8%, from a two-decade high of 5.3%, and penciled in two more quarter-point rate cuts in November and December. On Monday ...
Federal Reserve lowers interest rates by 0.50 percentage ... - CBS News
WEBSep 18, 2024 · The Federal Reserve on Wednesday said it is cutting its benchmark interest rate by 0.50 percentage points, marking the first reduction in four years and moving to ease borrowing costs as...
Federal Reserve Meeting Fed Raises Rates Again - The New York Times
WEBJul 26, 2023 · Federal Reserve officials raised interest rates to their highest level in 22 years, continuing their 16-month campaign to wrestle inflation lower by cooling the American economy.
Fed unleashes another big rate hike in bid to curb inflation
WEBJul 27, 2022 · The Federal Reserve on Wednesday raised its benchmark interest rate by a hefty three-quarters of a point for a second straight time in its most aggressive drive in more than three decades to tame high inflation.
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.
Fed Interest Rates Live Updates: Powell Raises a Half Percentage …
WEBMay 4, 2022 · The Federal Reserve approved a rare half-percentage-point interest rate increase and announced plans to shrink its $9 trillion asset portfolio starting next month in a double-barreled...
Fed Meeting Live Updates: Interest Rates Raised 0.75 Percentage …
WEBJun 15, 2022 · Officials agreed to a 0.75-percentage-point rate rise at their two-day policy meeting that concluded Wednesday, which will increase the Fed’s benchmark federal-funds rate to a range between 1.5% ...