Fed lowers key interest rate by quarter point as inflation eases but pace of cuts may slow
After a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point from its 23-year high.
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Economists expect the Fed to announce another quarter-point rate cut in December, after a quarter-point reduction last week and half-point cut in September.
How the Fed's Rate Cuts Will Affect Your Money—And What to Do About It
The Federal Reserve cut its influential interest rate for the second meeting in a row last week to boost the economy and prevent a rise in unemployment, but it may take a while for consumers to see its effects.
Why The Federal Reserve is Likely to Cut Interest Rates This Week
The Fed is widely expected to cut its key interest rate by a quarter percentage point on Thursday, at the conclusion of the two-day meeting of the Federal Open Market Committee.
After likely quarter-point rate cut, Fed may slow pace of drops if inflation lingers
The Fed is set to lower interest rates a quarter point Thursday. But it's more likely to slow, rather than speed up, 2025 cuts due to inflation
Federal Reserve lowers interest rates by 0.25 percentage points in second cut of 2024
The Federal Reserve announced its second interest rate cut of 2024, but Trump's economic priorities could impact future policy.
Powell: Fed to Cut Rates Cautiously on Inflation
Economists expect the Fed to announce another quarter-point rate cut in December after September and November cuts. Interest rates impact mortgage rates.
Fed Cut Interest Rates, So Why Do Mortgage Rates Keep Climbing?
Though the Federal Reserve has been cutting interest rates, mortgage rates have been increasing or holding steady. When will potential homeowners see mortgage relief.
U.S. inflation rose 2.6% in October, a month after the Federal Reserve began cutting rates
U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve began cutting interest rates amid signs of cooling prices and a weaker labor market.
Wall St tumbles after Powell urges caution on rate cuts
The Nasdaq and the S&P 500 were set for their worst session in over two weeks on Friday, after comments from Federal Reserve Chair Jerome Powell pointed to a slower pace of interest-rate cuts. Powell on Thursday pointed to ongoing economic growth,
The Associated Press on MSN8d
Federal Reserve cuts its key interest rate by a quarter-point amid postelection uncertainty
The Federal Reserve cut its key interest rate by a quarter-point in response to a steady decline in once-high inflation that ...
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Federal reserve cuts key interest rate while Houston homebuyers waiting for another cut
The federal reserve plans to cut more over the next year. As people keep their fingers crossed for better financing in the ...