Key takeaways from the Fed’s decision to deliver a jumbo-sized
WEB1 day ago · Still, Fed Chair Jerome Powell said in a news conference that the central bank is “not behind” the curve and that the Fed’s decision to cut by half a point is “a sign of our commitment ...
Fed Announces Big Rate Cut - The New York Times
WEB2 days ago · The Federal Reserve cut interest rates on Wednesday by half a percentage point. Here are some takeaways from the decision and from remarks by the Fed chair, Jerome H. Powell. The Fed’s decision ...
Opinion | The Fed Rate Cut Was a Tough Call That’s Good For Our …
WEB1 day ago · With this week’s decision, the Fed has brought the federal funds rate, now in a target range of 4.75 percent to 5 percent, a step toward pre-pandemic norms. The Fed has now clearly signaled that ...
Live updates: First Fed rate cut since Covid | CNN Business
WEB1 day ago · Mortgage rates have already begun steadily falling in anticipation of the Fed’s expected Wednesday cut. According to Freddie Mac, the average 30-year fixed mortgage rate fell to 6.20% last week ...
A Fed rate cut is coming. How big is anyone's guess. - NBC News
WEB2 days ago · By Rob Wile. The Federal Reserve is poised to cut its key interest rate Wednesday, the first time since the onset of the Covid-19 pandemic that it has pushed it lower. A reduction to the central ...
Why the Federal Reserve has gambled on a big interest-rate cut
WEB1 day ago · Crucially, the Fed is confident that it is on track to bring inflation under control. Price rises have slowed to an annual pace of 2.5%, not far from its target of 2%. With oil prices sagging and ...
Federal Reserve goes big with half-point interest rate cut, its first ...
WEB2 days ago · Sept. 18, 2024, 2:00 AM PDT / Updated Sept. 18, 2024, 11:50 AM PDT. By Rob Wile. The Federal Reserve said Wednesday it was lowering its key interest rate by half a percentage point, an unusually ...
The Fed Makes a Large Rate Cut and Forecasts More to Come
WEB2 days ago · By Karl Russell. Fed officials predicted that they would cut interest rates to 4.4 percent by the end of the year — much lower than the 5.1 percent they had been expecting in June, when they ...
The Fed is not a ‘climate-policy maker,’ Powell says
WEBJan 10, 2023 · The Federal Reserve has only a “narrow” role regarding climate change risks – to make sure banks understand and manage the financial risks associated with warming temperatures, the central ...
Fed Interest-Rate Cuts This Week: Everything You Need to Know ...
WEB1 day ago · The big question is how much. According to CME FedWatch, which estimates interest rate changes based on market predictions, the size of the rate cut is a coin toss. As of Friday afternoon, there's ...