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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 ...
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 Fed's two-day meeting starts Tuesday, with markets strongly convinced it will deliver 2024's final interest rate cut on Wednesday. The CME FedWatch Tool shows the odds of a 25 basis point cut ...
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 ...
"Overall, today's FOMC meeting brought back some unwanted clouds of uncertainty over monetary policy next year. At a minimum, market expectations have shifted toward a shallower- and slower-than ...
The CME FedWatch Tool, which measures market expectations for Fed fund rate changes, projects a 65% chance that the Fed will cut rates to a range of 4.75% to 5.00%, with a 35% chance the Fed will ...
Wall Street's main indexes were subdued in choppy trading on Wednesday, as investors anticipated an interest rate cut from the Federal Reserve in its final meeting of the year and awaited clues on ...
The Fed is widely expected to hold interest rates steady this Wednesday at its first policy meeting of 2024. Investors will be looking for any clues about when cuts could begin.