Search results
Results from the WOW.Com Content Network
The Federal Reserve has broken a four-year run and cut its benchmark interest rate by ... The Fed’s benchmark policy rate has been held in the current 5.25-5.5 per cent range for 14 months ...
The Fed was behind the curve when raising interest rates to corral inflation and the lesson appears to have been learned. By making a larger half-point interest rate cut right from the get-go, the ...
The Federal Reserve slashed interest rates by 50 basis points Wednesday at its September Federal Open Market Committee meeting, lowering the federal funds rate to a range of 4.75% to 5%.
Regardless of the size, the rate cut will provide some relief to borrowers, albeit at a relatively small dose given that the current Fed funds' target stands in a range of 5.25% to 5.5%.
The federal funds rate, which acts as a benchmark for borrowing rates in the rest of the economy, will now move down to about 4.8%, the lowest level since March 2023.
Investors are pricing in significant rate cuts from the Fed, penciling in a 3.5-3.75 percent rate by September 2025. If U.S. central bankers don’t follow through, financial markets could be in ...
More. The Fed will cut rates once in September, then stop for the year, Apollo chief economist Torsten Slok said. He argued that the US economy is strong enough to only need one cut. Slok cited ...
The target rate remained at 5.25% for over a year, until the Federal Reserve began lowering rates in September 2007. The last cycle of easing monetary policy through the rate was conducted from September 2007 to December 2008 as the target rate fell from 5.25% to a range of 0.00–0.25%.