Live updates: First Fed rate cut since Covid | CNN Business
Sep 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 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.
Fed Cuts Interest Rates for First Time in Four Years - The New …
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...
Key takeaways from the Fed’s decision to deliver a jumbo-sized interest …
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...
Fed Governor Waller sees need for 'more caution' when lowering interest …
Oct 14, 2024 — Waller on Monday signaled that future interest rate cuts will be less aggressive than the big move in September.
Federal Reserve cuts rates by half a point and signals era of …
Sep 19, 2024 — The Federal Reserve cut its benchmark interest rate by half a percentage point on Wednesday and signalled more reductions would follow, launching its first easing cycle since the onset of the...
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...
Fed's Powell: US economy solid, gradual interest rate cuts coming | AP News
Sep 30, 2024 — WASHINGTON (AP) — Federal Reserve Chair Jerome Powell signaled Monday that more interest rate cuts are in the pipeline but suggested they would occur at a measured pace intended to support a still-healthy economy.
The Fed keeps interest rates at a 23-year high for the sixth ... - CNN
May 1, 2024 — The Federal Reserve said Wednesday it is holding interest rates at their current levels, as hotter-than-expected inflation data continues to push back the timing of the first rate cut.
The Fed may soon cut interest rates. That could make your ... - NBC News
Jul 10, 2024 — The Fed started raising interest rates aggressively in March 2022 to tame high pandemic-era inflation. By July 2023, the central bank had raised rates to their highest level in 23 years.