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The Fed has mostly tamed the inflation surge from 2022, which is why it was cutting the federal funds rate (the overnight interest rate it charges banks) at the end of 2024.
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 ...
What to expect at the Fed's next policy meeting: January 28–29, 2025. It's widely expected the Federal Reserve will hold the Fed rate at 4.25% to 4.50% after its policy meeting on January 28 and ...
What to expect at the Fed's next policy meeting: January 28–29, 2025. It's widely expected the Federal Reserve will hold the Fed rate at 4.25% to 4.50% after its policy meeting on January 28 and ...
The Federal Reserve announced a third rate cut today, but also cautioned it expects fewer cuts in 2025. ... has cooled since it reached a 40-year peak of 9.1% in June 2022. The Fed began pushing ...
The Fed’s 19 policymakers projected that they will cut their benchmark rate by a quarter-point just twice in 2025, down from their estimate in September of four rate cuts.
Fed officials see the fed funds rate falling to 3.9% in 2025. That’s still far from the desired target rate of 2%. BofA economists assess the risks for the next move by the Fed is skewed toward ...
Federal Reserve governor Lisa Cook ... Fed officials signal more gradual approach to lowering rates as 2025 begins ... That is down considerably from a peak of 7.2% in June 2022 but still above ...