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In a significant shift for the US economy, the Federal Reserve announced a jumbo-sized rate cut Wednesday, its first rate reduction cut since Covid. It’s a major economic milestone both for...
Each meeting date is tentative until confirmed at the meeting immediately preceding it. Last Update: October 09, 2024. The Federal Reserve Board of Governors in Washington DC.
Fed meeting today: Fed decides on aggressive 50 basis-point cut in interest rates. Let's get the basics out of the way: the Fed will announce its latest interest-rate decision at 2 p.m....
The U.S. Federal Reserve will cut its key interest rate by 25 basis points on Nov. 7, according to all 111 economists in a Reuters poll, with more than a 90% majority predicting another quarter ...
The Federal Reserve cut interest rates on Wednesday by half a percentage point. Here are some takeaways from the decision and from remarks by the Fed chair, Jerome H. Powell.
Key takeaways from the Fed meeting today and the news conference with Jerome Powell, the Fed chair: • The Fed raised interest rates by a quarter point, as expected. • Officials left the...
Federal Reserve officials raised interest rates by a quarter-point on Wednesday in the tenth straight move in their fight against rapid inflation — but they also opened the door to a possible...
Officials agreed to a 0.75-percentage-point rate rise at their two-day policy meeting that concluded Wednesday, which will increase the Fed’s benchmark federal-funds rate to a range between...
FOMC raises rates by quarter point in unanimous vote; Statement omits language signaling more rate hikes are ahead; Powell says banking conditions have ‘broadly improved’
Fed holds rates steady, citing lack of inflation progress; Central bank to slow balance-sheet runoff starting in June; Powell says rate hike is unlikely to be Fed’s next move