Powell indicates further, smaller rate cuts, insists the Fed is 'not on ...
WEB6 days ago · The central bank chief asserted that he will seek to balance fighting inflation with supporting the labor market.
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...
Fed's Powell: US economy solid, gradual interest rate cuts coming | AP News
WEB6 days ago · WASHINGTON (AP) — Federal Reserve Chair Jerome Powell signaled Monday that more interest rate cuts are in the pipeline but suggested they would occur at a measured pace intended to support a still-healthy economy.. His comments, at a conference of the National Association for Business Economics in Nashville, Tennessee, disappointed the hopes of many investors that the Fed would implement ...
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.
Markets rise after Federal Reserve hits pause again on rate hikes - CNN
WEBNov 1, 2023 · The Federal Reserve held interest rates steady Wednesday for the second consecutive meeting, leaving the central bank’s benchmark lending rate at its highest level in 22 years.
Federal Reserve News What Happened Today at the Fed Meeting
WEBMay 3, 2023 · Federal Reserve officials raised interest rates by a quarter-point on Wednesday in the tenth straight move in their fight against rapid inflation — but they also opened the door to a possible...
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 Meeting Today: Live Analysis on Interest Rates, Powell …
WEBJun 12, 2024 · Fed dials back rate forecasts, signals just one cut in 2024; Policymakers holds key rate in unanimous decision; Inflation still elevated, with progress merely ‘modest’
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...
Federal Reserve raises interest rates to highest point in ... - NBC News
WEBJul 26, 2023 · The Federal Reserve announced Wednesday it had raised its key interest rate by 0.25% to as much as 5.5%, the highest level in 22 years, as it continues to fight persistent inflation in the U.S...