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The Fed’s interest rate decision: What it means for you ... The best 2-year CD rate on the market has edged higher over the past few weeks, rising from 4.2 percent at the start of the year to 4. ...
The Federal Reserve held interest rates steady Wednesday as policymakers weigh the direction of inflation and the potential effect of economic policies expected from the new Trump administration.
Fed Chair Jerome Powell is taking questions from journalists after the central bank held interest rates steady following three consecutive cuts at the end of 2024.
NEW YORK (AP) — U.S. stock indexes slipped Wednesday after the Federal Reserve opted not to cut interest rates for the first time since it began trying to help the economy through easier rates ...
In December, after the Federal Reserve signaled a more cautious approach to interest rates, the stock market had one of its worst days all year.The central bank is now expected to leave interest ...
The stock market is falling. Inflation and news that the Fed might increase rates more than expected sent the S&P 500 officially into bear market territory earlier this week, with the index ...
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 ...
Markets are pricing in a 95% chance the Fed will cut rates 25 basis points at their December policy meeting. The outlook in 2025 is less certain. Stock market today: Indexes trade mixed ahead of ...