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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 lowered borrowing costs again at its final gathering of 2024, but officials cast doubt over how many more times they’ll be able to cut rates in the year ahead as inflation ...
The Federal Reserve on Wednesday moved to lower its benchmark rate by 0.25 percentage points, ... Fewer rate cuts in 2025. At the same time, the Fed is now penciling in only two rate cuts in 2025 ...
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 ...
Along with trimming the number of rate cuts expected this year, the new rate projections raised the long-run "neutral" rate needed to keep inflation in check while maintaining steady growth to 2.8 ...
The Federal Open Market Committee’s (FOMC) latest decision means the Fed’s key benchmark interest rate will not move from its current target range of 5.25-5.5 percent, a 23-year high.
Federal Reserve officials signaled Wednesday that they still expect to cut their key interest rate three times in 2024 despite signs that inflation stayed surprisingly high at the start of the ...
The Fed's next meeting — its last scheduled meeting for 2024 — is Dec. 17 and Dec. 18. ... of 4.25% to 4.5% by year end. Federal Reserve: A Fed rate cut may ... more rate cuts and time for ...