Key takeaways from the Fed’s decision to deliver a jumbo-sized
Sep 18, 2024 · The Federal Reserve slashed interest rates aggressively Wednesday, announcing the first rate cut since March 2020. The half-point move paves the way for lower borrowing costs on everything from...
Federal Reserve lowers interest rates by 0.50 percentage ... - CBS News
Sep 18, 2024 · The Federal Reserve on Wednesday said it is cutting its benchmark interest rate by 0.50 percentage points, marking the first reduction in four years and moving to ease borrowing costs as...
Live updates: First Fed rate cut since Covid | CNN Business
Sep 18, 2024 · 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 the...
‘The time has come’: The Fed just sent a crucial message ... - CNN
Aug 23, 2024 · The Fed’s aggressive rate-hiking campaign, which started in early 2022, thrust interest rates up to a 23-year high in a bid to combat the highest inflation in decades.
Fed Announces Big Rate Cut - The New York Times
Sep 18, 2024 · Tom Brenner/Reuters. 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....
The Fed Makes a Large Rate Cut and Forecasts More to Come
Sep 18, 2024 · The Federal Reserve cut interest rates on Wednesday by half a percentage point, an unusually large move and a clear signal that central bankers think they are winning their war against inflation...
Federal Reserve Meeting: Fed Raises Rates Again - The New York Times
Jul 26, 2023 · Officials pushed rates to a range of 5.25 to 5.5 percent, their highest level since 2001, while leaving the door open to further rate increases in the statement announcing their unanimous...
The Federal Reserve cuts interest rates for first time since 2020
Sep 18, 2024 · The Federal Reserve moved aggressively Wednesday to start cutting interest rates as easing inflation fears gives way to concern about the job market.
Full recap: Here are Fed Chair Powell's market-moving comments …
Dec 13, 2023 · Traders cheered the Federal Reserve's outlook for rate cuts in 2024.
Mortgage Rate News - Bankrate
3 days ago · Today's average 30-year fixed-mortgage rate is 6.55, the average 15-year fixed-mortgage rate is 5.89 percent, and the average 5/1 ARM rate is 6.04 percent.