U.S. Federal Reserve cuts interest rates by another quarter point
The U.S. Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signalled that it expects to reduce rates next year more slowly than previously thought, with inflation still well above the…
Stocks plunge as Federal Reserve’s tilt triggers ‘Black Wednesday’
Fed sparks market rout: Wall Street plunged, the dollar hit two-year highs, and Treasury yields spiked as Powell struck a hawkish tone, warning of inflation risks and cautious rate cuts ahead. Bitcoin slid 5% after Powell ruled out a US…
Dollar jumps and global shares fall after Federal Reserve signals slower pace of rate cuts
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The dollar rose to its highest level in more than two years and global stocks fell on Thursday after the…
Donald Trump’s pledges seep into Federal Reserve’s outlook
Donald Trump is still weeks away from taking the oath of office, but the president-elect’s vow to enact a sweeping policy overhaul is already looming large over the Federal Reserve. The Fed trimmed interest rates by a quarter of a…
Federal Reserve cuts interest rates by quarter-point in December
Heritage Research fellow and economist EJ Antoni joins ‘The Big Money Show’ to discuss reports the Federal Reserve is likely to cut rates for the third time this year. The Federal Reserve on Wednesday announced its third straight interest rate…
US Federal Reserve cuts interest rate by 25 basis points in key FOMC meet
Recent economic indicators, including Tuesday’s robust November retail sales data, align with the Federal Reserve’s assessment of a strong economy. The US Federal Reserve cut the interest rate by 25 basis points on Wednesday, according to an official statement following…
The Federal Reserve cuts interest rates again : NPR
Federal Reserve Chair Jerome Powell and his colleagues lowered their benchmark interest rate Wednesday by a quarter percentage point. That will make it cheaper to get a car loan, finance a business or carry a balance on your credit card….
Federal Reserve Cuts Interest Rates by Quarter-Point
What’s New The Federal Reserve on Wednesday announced that the central bank is cutting interest rates by a quarter-point to between 4.25 and 4.5 percent. Why It Matters The federal funds rate is the target interest rate at which commercial…
Fed decision today: Federal Reserve cuts interest rates, delivering relief for borrowers at last meeting before Trump takes office
The Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday, delivering relief for borrowers at the central bank’s last meeting before President-elect Donald Trump takes office next month. The move marked the third consecutive interest…
Wall Street falls sharply as Fed indicates fewer rate cuts in 2025 to fight inflation | Federal Reserve
The US Federal Reserve cut interest rates on Wednesday, but suggested it would make fewer rate cuts than expected in 2025 amid questions over its fight to bring down inflation across the world’s largest economy. Jerome Powell, the Fed chair,…