Traders Bet on Fed December Rate Cut After Inflation Data - U.S. News
1 day ago · Short-term interest-rate futures contracts were pricing an 80% chance of a Fed rate cut, to the 4.25%-4.5% range, in December, up from about 60% before the data. Traders then are pricing in a ...
Fed Cuts Rates Again - The New York Times
Nov 7, 2024 · Fed officials lowered interest rates to a range of 4.5 to 4.75 percent on Thursday, but avoided talking about politics in their post-meeting statement. They included no overt signal about what ...
Fed cuts key interest rate by quarter point in second rate decrease
Nov 7, 2024 · What is the Fed interest rate now. Thursday’s widely expected decision leaves the Fed’s benchmark short-term rate at a range of 4.5% to 4.75%, down from a 23-year high of 5.25% to 5.5% just a ...
Live updates: First Fed rate cut since Covid | CNN Business
Sep 18, 2024 · The Federal Reserve lowered its benchmark interest rate by a half point to 4.75 percent, the first cut in four years, hoping to keep the U.S. from sinking into a recession sparked by fallout...
Fed Announces Big Rate Cut - The New York Times
Sep 18, 2024 · 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 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 its single-minded focus on fighting inflation gives way to a growing interest in protecting the job market.
Federal Reserve goes big with half-point interest rate cut ... - NBC News
Sep 18, 2024 · The Federal Reserve said Wednesday it was lowering its key interest rate by half a percentage point, an unusually aggressive move designed to cushion the economy from a further slowdown.
US inflation reaches 3-year low as Fed prepares to cut interest rates ...
Sep 11, 2024 · The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low, clearing the way for the Federal Reserve to cut interest rates and likely shaping the economic debate in the presidential race.
Markets rise after Federal Reserve hits pause again on rate hikes - CNN
Nov 1, 2023 · US markets jumped higher on Wednesday afternoon after the Federal Reserve announced it would keep interest rates unchanged for the second meeting in a row. The Dow soared 260 points, or 0.8%....
The Fed hikes interest rates by a quarter point and hints at ... - CNN
Jul 26, 2023 · The Federal Reserve raised its benchmark lending rate by a quarter point Wednesday, lifting interest rates to their highest level in 22 years.