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“In light of the progress on inflation and the balance of risks, the committee decided to lower the target range for the federal funds rate by 1/2 percentage point to 4.75% to 5%,” he said.
At the conclusion of its first rate-setting policy meeting of the year, on January 29, 2025, the Federal Reserve announced it was leaving the federal funds target interest rate at 4.25% to 4.50% ...
The Federal Reserve cut its benchmark interest rate Wednesday to between 4.25% and 4.5%. The central bank also projected two cuts next year instead of four, sending stocks tumbling.
The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trump’s ...
In September, however, 4.1 percent was the lowest unemployment rate the economy had seen in three months, down from 4.2 percent in the previous month and surprising market expectations. Source ...
Biggest Fed rate cut winners 1. Stock market investors. Interest rates typically fall after federal funds rate cuts, allowing the stock market to perk up — and we’re already seeing this play ...