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The Fed hiked the federal funds rate (overnight interest rates) to a two-decade high of 5.33% between Mar. 2022 and Aug. 2023, in order to tame an inflation surge that resulted from pandemic ...
The Federal Reserve is set to meet again tomorrow for the final time this year, when it's widely expected to lower the nation's benchmark interest rate by another quarter point — a third cut ...
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The Federal Reserve begins its two-day rate-setting session today, and economists are expecting the Fed will lower its benchmark interest rate by another quarter-point cut to a range of 4.25% to 4 ...
The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year than it ...
The Fed cut its federal funds rate — the interest rate banks charge each other for short-term loans — by 0.25 percentage points, lowered the rate to a range of 4.25% to 4.5%, down from its ...
The Federal Reserve is expected to cut its target interest rate when it meets Tuesday and Wednesday. A cut would reverse a trend of higher rates that began in early 2022.
Some forecasters expect the Fed to cut interest rates by a quarter-point Wednesday. Most, however, expect a half-point reduction. The CME FedWatch forecast tracker favored a half-point cut by a 55 ...