Live updates: First Fed rate cut since Covid | CNN Business
WEBSep 18, 2024 · Mortgage rates were already falling ahead of the Federal Reserve’s expected interest rate cut. The average 30-year fixed mortgage rate fell to 6.20% last week , the lowest level since February 2023.
Fed's Powell: US economy solid, gradual interest rate cuts coming | AP News
WEB5 days ago · At their last meeting Sept. 18, Fed officials reduced their rate to 4.8%, from a two-decade high of 5.3%, and penciled in two more quarter-point rate cuts in November and December. On Monday, Powell said that remains the most likely outcome. “If the economy performs as expected, that would mean two more cuts this year,” both by a quarter ...
Fed sees no 'hurry' to cut rates as confidence in economy grows, …
WEB5 days ago · The Fed's policy rate is currently set in the 4.75%-5.00% range. Economic projections released at the meeting earlier this month showed the median policymaker expectation was for the rate to ...
Federal Reserve Meeting Fed Raises Rates Again
WEBJul 26, 2023 · Federal Reserve officials raised interest rates to their highest level in 22 years, continuing their 16-month campaign to wrestle inflation lower by cooling the American economy.
Live Updates: Fed Keeps Rates Steady, Hints at Future Cuts
WEBMar 20, 2024 · Officials held interest rates steady at about 5.3 percent, where they have been set since July 2023, in their March policy decision. Policymakers also released a fresh set of quarterly economic...
Federal Reserve News What Happened Today at the Fed Meeting
WEBMay 3, 2023 · The Federal Reserve raised interest rates by a quarter of a point, its 10th straight increase, as inflation remains stubbornly high. The increase may be its last for now, as policymakers...
The Fed hikes interest rates by a quarter point and hints at ... - CNN
WEBJul 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.
Fed Meeting Today: Live Analysis on Interest Rates, Powell …
WEBJun 12, 2024 · Fed dials back rate forecasts, signals just one cut in 2024; Policymakers holds key rate in unanimous decision; Inflation still elevated, with progress merely ‘modest’
Fed Meeting Today: Live Analysis on Interest Rates, Powell …
WEBMay 1, 2024 · Fed holds rates steady, citing lack of inflation progress; Central bank to slow balance-sheet runoff starting in June; Powell says rate hike is unlikely to be Fed’s next move
Fed Meeting Live Updates: Interest Rates Raised 0.75 Percentage …
WEBJun 15, 2022 · Officials agreed to a 0.75-percentage-point rate rise at their two-day policy meeting that concluded Wednesday, which will increase the Fed’s benchmark federal-funds rate to a range between...