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The Fed’s economic projections for the rate next year changed from 3.4% in September to 3.9%, and the central bank revised its expectations for inflation from 2.1% to 2.5%, suggesting it sees a ...
Officials see the unemployment rate ticking up slightly to 4.3% in 2025, lower than the previous forecast of 4.4%. Unemployment is expected to remain at that level through 2026 and 2027.
The Federal Reserve slashed interest rates as expected Wednesday, but signaled fewer cuts than originally forecast for 2025 — sending the Dow spiraling more than 1,100 points. The Fed cut rates ...
The Fed is scheduled to release an updated forecast on Dec. 18. ... This followed two other sticky readings of inflation that added to the debate over how deeply the Fed will cut rates in 2025.
The Federal Reserve on Wednesday moved to lower its benchmark rate by 0.25 percentage points, but said it plans fewer cuts in 2025. ... Wall Street was focused on the Fed's forecasts for 2025 and ...
The Fed trimmed a key interest rate by a quarter percentage point, its third straight rate cut. But it forecast fewer 2025 cuts amid inflation uptick.
The Federal Reserve's third interest rate cut of the year will likely have consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses. The ...
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 ...