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The Federal Reserve announced it would keep interest rates at a 23-year high after its May gathering, but also announced plans to shrink its massive $7.4 trillion balance sheet at a slower pace.
The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year than it ...
The Federal Reserve's policymakers announced that they will cut the benchmark federal funds rate by a quarter point in December, marking the central bank's third straight cut. Federal Reserve cuts ...
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 ...
FILE - Federal Reserve chair Jerome Powell speaks at the DealBook Summit in New York, on Dec. 4, 2024. (AP Photo/Seth Wenig, File) (ASSOCIATED PRESS)
The Fed will announce its latest policy decision at 2:00 p.m. ET on Wednesday, with Fed Chair Jerome Powell set to hold a press conference at 2:30 p.m. ET. The Fed will not offer updated economic ...
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 stock market rally has stalled as the final Federal Reserve meeting of the year approaches.. In the past week, the Nasdaq Composite was the only of the three major indexes to post a weekly ...