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The Fed cut its federal funds rate — the interest rate banks charge each other for short-term loans — by 0.25 percentage points, lowered the rate to a range of 4.25% to 4.5%, down from its ...
The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year than it ...
The Fed cut interest rates by a quarter-point in December. According to the agency’s forward guidance “dot plot,” the committee’s members penciled in just two quarter-point cuts for 2025 ...
The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trump’s ...
The Fed lowered the federal funds rate — the interest rate banks charge each other for short-term loans — to a range of 4.25% to 4.5%, down from its previous target range of 4.5% to 4.75%.
The Fed trimmed a key interest rate by a quarter percentage point, its third straight rate cut. But it forecast fewer 2025 cuts amid inflation uptick.
Fed now predicts fewer interest rate cuts in 2025. But the Fed also forecast a markedly slower pace of rate cuts next year, partly in response to resurgent inflation. Analysts now predict just two ...
The Federal Reserve is expected to announce Wednesday its first interest rate cut since 2020. How big that cut will be remains to be seen, but it is widely expected to target a 0.25% reduction ...