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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 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’s 19 policymakers projected that they will cut their benchmark rate by a quarter-point just twice in 2025, down from their estimate in September of four rate cuts.
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 ...
At the conclusion of its sixth rate-setting policy meeting of 2024 on September 18, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 50 basis points to ...
The Federal Reserve cut its benchmark interest rate a half of a percentage point on Wednesday in a landmark decision that dials back its years-long fight against inflation and could deliver relief ...
Today’s the day: The Federal Reserve is about to announce what it decided to do with interest rates at its November meeting. We already know what the Fed is likely to do: Cut interest rates by a ...
The Federal Reserve announced a cut to benchmark interest rates yesterday, dropping the Fed rate by 50 basis points to a range of 4.75% to 5.00% — the first time its lowered rates since March 2020.