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The Fed’s decision lowers rates to about 4.9 percent, down from a more than two-decade high. Fed officials lowered interest rates because they are confident that inflation is coming back down...
The Federal Reserve on Wednesday said it is cutting its benchmark interest rate by 0.50 percentage points, marking the first reduction in four years and moving to ease borrowing costs as...
The Federal Reserve slashed interest rates aggressively Wednesday, announcing the first rate cut since March 2020. The half-point move paves the way for lower borrowing costs on everything from...
The Fed’s move comes just days after America elected Donald J. Trump as its next president, and at a moment when the U.S. economy stands on the brink of change. Fed officials lowered interest ...
The Federal Reserve announced Thursday it was lowering its key interest rate by a quarter-point — a widely expected move that coincides with inflation approaching the central bank's 2% goal.
Follow news from today's Fed meeting where the FOMC is expected to cut interest rates and chair Jerome Powell will speak. ... FOMC Notches Another Unanimous Interest-Rate Decision. 1 day ago.
• The Fed raised interest rates by a quarter point, as expected. • Officials left the door open to future rate moves. • But policymakers were careful not to commit to a pace, extent or plan.
The Federal Reserve is due to release its interest-rate decision today at 2 p.m. ET. Here's what to know: The Fed is widely expected to hold rates steady, at their highest level in more...
Fed holds rates steady, citing lack of inflation progress; Central bank to slow balance-sheet runoff starting in June; Powell says rate hike is unlikely to be Fed’s next move
The Fed’s decision lowers its benchmark short-term rate to a range of 4.75% to 5% from a 23-year high of 5.25% to 5.5%. The move is expected to ripple through the economy, providing the...