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Fed cuts interest rates by quarter point
Fed Cuts Interest Rates Again—But Uncertainty Swirls As Trump Policies Could Fuel Inflation
The Fed lowered rates by 25 basis points to a 20-month low, but economists say tariffs may throw a wrench in the rate cutting cycle.
Fed Cuts Interest Rates Again as Washington Awaits Trump’s Economic Agenda
Since earlier in the year, labor market conditions have generally eased, and the unemployment rate has moved up but remains low,” the Fed said in a statement. “Inflation has made progress toward the Committee's 2% percent but remains somewhat elevated.
Fed cuts interest rates by quarter point as economic expansion continues at solid pace
The Federal Reserve Thursday lowered interest rates for the second time this year, cutting the federal lending rate by a quarter point, or 0.25%. That brings the lending rate range to 4 1/2-4 3/4%.
US Election Will Have No Near-term Effect On Fed Policy
Why You Should Care About the Fed's Interest Rate Decision Today
When inflation is high and the economy is in overdrive, the Fed tries to pump the brakes by discouraging borrowing. It does this by setting higher interest rates and decreasing the money supply. Since March 2022, the Fed raised the federal funds rate 11 times, which helped slow down record-high price growth.
Fed’s Powell: Election Will Have ‘No Effect’ on Rate Decisions in Near Term
After cutting interest rates by a quarter point, Fed Chair Jerome Powell said he understands consumers are still experiencing high prices, and that he would not resign if asked by President-elect Donald Trump.
Fed Chair Powell: Election will have 'no effects' on policy decisions
Federal Reserve Chair Jerome Powell said the presidential election will have “no effects” on policy decisions. The fed cut key interest rates a quarter point.
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5h
Fed cuts interest rates again, but Trump's victory makes future path much murkier
The Federal Reserve cut
interest
rates
for a second straight time on Thursday in an effort to keep the economy sailing ...
Yahoo
4h
Fed cuts interest rates heading into end of Biden White House and looking to Trump’s 2nd term
Powell said the
Fed
has decided to cut the benchmark
interest
rate by a quarter of a percent ... It’s the
Fed
’s second ...
8h
on MSN
Fed lowers key interest rate by quarter point as inflation eases but pace of cuts may slow
Capitalize on high
interest
rates
: Best current CD
rates
The
Fed
lifts
rates
to tamp down borrowing activity and ...
7h
Federal Reserve cuts interest rates, days after election of Trump
The
Fed
cut
interest
rates
by a quarter of a percentage point. The Federal Reserve cut
interest
rates
by a quarter ...
8h
on MSN
Federal Reserve lowers interest rates by 0.25 percentage points in second cut of 2024
If that occurs, the
Fed
would be hard-pressed to continue easing borrowing costs, and could instead be forced to raise ...
7h
Fed Cuts Interest Rates To Lowest Since February 2023, Sticks To Data-Driven Path (CORRECTED)
This story has been updated to clarify the exact words from the September Fed statement that were in omitted in November: ...
6h
on MSN
Most Gulf central banks follow Fed lead and cut key interest rates
Most central banks of the Gulf Cooperation Council (GCC) cut key interest rates on Thursday, following the Federal Reserve's ...
4h
What Today's Fed News Tells Us About 2025 Savings and CD Rates
Today's widely anticipated Fed rate announcement will have a notable impact on savers. Here's what to expect for savings and ...
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