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At the conclusion of its eighth and final rate-setting policy meeting of the year on December 18, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 25 ...
Savings interest rates today: Beat rising inflation with premium yields up to 4.75% APY — Feb. 21, 2025 ... the Federal Reserve announced it was leaving the federal funds target interest rate at ...
Consumer prices rose 0.5% from December — the fastest pace since August 2023 — resulting in an annual inflation rate of 3% for the 12 months that ended in January, ... but today the news for ...
Get today's best rates on high-yield FDIC-insured savings ... the Federal Reserve announced a highly anticipated half-point cut to ... fuel and shelter costs drove the annual inflation rate to 3% ...
As the most widely used measure of inflation, the CPI is an indicator of the effectiveness of government fiscal and monetary policy, especially for inflation-targeting monetary policy by the Federal Reserve. Now however, the Federal Reserve System targets the personal consumption expenditures (PCE) price index instead of CPI as a measure of ...
The Federal Reserve announced a third rate cut today, but also cautioned it expects fewer cuts in 2025. ... Inflation, or the rate at which prices for goods and services change over time, has ...
Get today's best rates on high-yield FDIC-insured savings ... the Federal Reserve announced it was leaving the federal funds target interest rate at 4.25% to 4.50%, this after cutting the Fed rate ...
An underlying inflation measure also accelerated. Some economists said the larger-than-expected price surge takes additional Federal Reserve interest rate cuts off the table until at least year's end.