The account of the central bank’s Nov. 6-7 meeting, released on Tuesday, showed that Fed officials still planned to cut ...
The Federal Reserve on Thursday made its second rate cut of this year, with the decision coming less than two months after the central bank's surprise jumbo cut in September. The Fed shaved ...
Federal Reserve officials appeared divided at their meeting earlier this month over how much farther they may need to cut ...
Powell just a week after the meeting said the economy was "not sending any signals that we need to be in a hurry to lower ...
For now, the US presidential election results haven’t shifted the Federal Reserve’s plans. As widely expected, the central bank cut the federal-funds rate by 0.25 percentage points to a target ...
No one knows how Tuesday’s presidential election will turn out, but the Federal Reserve’s move two days later is much easier ...
Investopedia / Alice Morgan The Federal Reserve cut its benchmark interest rate Thursday by 0.25 percentage points to a range of 4.5% to 4.75%, its lowest since February 2023. The Fed is cutting ...
The Federal Reserve on Thursday announced its second consecutive interest rate cut, lowering the benchmark rate by 25 basis points amid economic data showing signs that inflation and the labor ...
Economists expect another quarter-point rate cut in December and possibly ... restrictive level,” Christopher Waller, an influential member of the Fed’s Board of Directors, said in a speech ...
Whether the Fed makes a rate cut at its final meeting of the year is now up in the air. Inflation wreaked havoc on Americans' finances for much of 2022 and 2023. But thankfully, things have been ...
For the second time in three months, the Federal Reserve issued a cut to its federal funds rate on Thursday. Now at a range between 4.50% to 4.75%, the rate is down 75 basis points from where it ...
The Federal Reserve cut interest rates by a quarter of a percentage point, citing a slowdown in the labor market and progress on inflation as reasons for the widely expected move. However ...