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The Fed did cut interest rates by a quarter point at the December meeting, ... The current Congress is the one in which Democrats still control the Senate. The next Congress, with full Republican ...
The Federal Reserve is expected to slow its pace of interest rate increases for the second-straight meeting on Wednesday, raising its benchmark interest rate another 0.25%.
Fed futures now imply a 56% chance of a December rate cut, with the remaining 44% odds leaning toward rates staying unchanged, according to the CME FedWatch Tool. Equities were slightly down for ...
Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a closed two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S ...
December 13, 2023 at 3:23 PM ... it falling three-quarters of a percentage point from the current 5.25%-5.50% range. ... do not view it as likely to be appropriate to raise interest rates further ...
December 21, 2024 at 12:29 PM ... "We see a 40% probability that the Fed will raise interest rates in 2025." In fact, the economy is so robust that the Commerce Department revised third-quarter ...
For the first time in four years, the Federal Reserve's benchmark, short-term rate was scaled back by a half percentage point.The previous 23-year high remained stagnant since July 2023 until ...
The Federal Reserve is expected to announce Wednesday its first interest rate cut since 2020. How big that cut will be remains to be seen, but it is widely expected to target a 0.25% reduction ...