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Pinned post. Fed follows through, cutting interest rates by a quarter of a percentage point. The Federal Reserve cut interest rates for the second consecutive meeting on Thursday, this time by a ...
The Fed cut rates by half a point in September, marking the central bank’s first rate-reduction during a 2 1/2 year battle against inflation in the wake of the COVID-19 pandemic.
What was the Fed rate decision today? 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 ...
The Federal Reserve held interest rates steady Wednesday amid growing speculation that the central bank would start rate cuts later this year. Fed Chair Jerome Powell is slated to give remarks ...
U.K. equities retreated as investors awaited the U.S. Federal Reserve's messaging later today and the Bank of England's rate decision Thursday. The pound traded near its highest level since June.
Federal Reserve Chairman Jerome Powell is scheduled to speak with the media Wednesday afternoon following a two-day meeting of the Federal Open Market Committee (FOMC), the panel tasked with ...
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The Federal Reserve will make its next interest-rate decision Wednesday at the conclusion of a two-day policy meeting, with investors expecting a 0.5% increase in the Fed's benchmark rate.