Search results
Results from the WOW.Com Content Network
For the first time in four years, the Federal Reserve's benchmark, short-term rate was scaled back by a half percentage point.The previous 23-year high remained stagnant since July 2023 until ...
Here's when its rate-setting committee meets next — plus a recap of past meetings. ... the Fed announced holding the federal funds target interest rate steady at a range of 4.25% to 4.50% ...
At the conclusion of its seventh and penultimate rate-setting policy meeting of 2024 on November 7, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 25 ...
Investors view it as a near given that the U.S. Federal Reserve will cut interest rates by a quarter of a percentage point at its Dec. 17-18 meeting, with more attention focused on policymakers ...
At the conclusion of its seventh and penultimate rate-setting policy meeting of 2024 on November 7, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 25 ...
Read more about the long-awaited Fed interest rate cut: Fed officials set to cut rates for the first time in 4 years Fed rate cut decision risks investor 'angst' — here's what strategists are saying
Edit Update. Stocks hold steady as Fed’s rate cut arrives. Stocks largely remained unchanged Thursday afternoon after the Fed announced a 25-basis-point interest rate cut.
The FOMC is expected to leave interest rates at a 23-year high at their upcoming meeting, and their estimates of three rate cuts for 2024 may be revised to show fewer cuts, or potentially none at all.