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The Fed’s interest rate decision: What it means for you Savers Yields are currently the highest in over a decade, and interest rates remaining higher for longer means they’ll likely stay that way.
A reporter listens as U.S. Federal Reserve Chair Jerome Powell answers a question during a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy ...
The Federal Reserve did not lower interest rates, after having done so for three consecutive meetings to end 2024. Stocks declined on the news, with the S&P 500 sinking 0.7% from the previous' day ...
After increasing interest rates to their highest levels in decades in 2023, the Federal Reserve started easing interest rates in September 2024 as annual inflation rates began stabilizing below 3% ...
The Federal Reserve held interest rates steady in its first decision of the year. It follows pressure from Trump to continue cutting rates. The Fed also has two rate cuts penciled in for 2025, but ...
What was the Fed rate decision today? 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 ...
The Federal Reserve cut interest rates by 25 basis points in its last decision of 2024. It marks the third consecutive rate cut of the year. Powell said the Fed is likely to move more cautiously ...
The move means officials have now slashed the Fed’s key benchmark interest rate — the federal funds rate — a full percentage point, bringing the new target rate down to 4.25-4.5 percent.