Fed ‘not looking’ for law change to own bitcoin
MicroStrategy Buys More Bitcoin, Joining Nasdaq 100 MicroStrategy Inc.,the dot-com-era software maker turned leveraged Bitcoin proxy, will be included in the Nasdaq 100 Index. The company also bought an additional $1.5 billion of the cryptocurrency through the sale of stock….
Fed lowers interest rates again but more cuts uncertain
WASHINGTON — The Federal Reserve on Wednesday made another cut in interest rates, but, signaling what its leader called a new phase in policy, the central bank dialed back expectations for lowering rates in the near future. Earlier plans for several…
US Federal Reserve cuts key loan rate by quarter-point
WASHINGTON — The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year than it previously envisioned, largely because…
Stocks fall sharply after Federal Reserve signals fewer rate cuts than expected for 2025
NEW YORK (AP) — U.S. stocks tumbled to one of their worst days of the year after the Federal Reserve hinted Wednesday it may deliver fewer shots of adrenaline for the U.S. economy in 2025 than earlier thought. WATCH: Fed Chair Powell…
US Fed cuts interest rates by quarter point – DW – 12/18/2024
The US Federal Reserve cut interest rates by a quarter point, but also signaled a slower pace of cuts ahead. According to a Fed statement, policymakers voted 11 to 1 to lower the US central bank’s key lending rate to…
Federal Reserve cuts interest rates by quarter-point but signals slower pace of easing
Stay informed with free updates Simply sign up to the US interest rates myFT Digest — delivered directly to your inbox. The Federal Reserve cut its benchmark interest rate by a quarter of a percentage point but signalled a slower…
Federal Reserve cuts key interest rate by a quarter-point
The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year than it previously envisioned, largely because of still-elevated…
What Federal Reserve rate cuts in 2025 could mean for you
NEW YORK (AP) — 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. But with inflation pressures still elevated and…
Fed Meeting Live Updates: Powell Set To Lower Interest Rates Again
The Fed is expected to cut interest rates again. What comes next is the biggest question. There’s a phrase that we Federal Reserve reporters use so much when describing Fed meetings that it might as well be a central banking…
Fed expected to cut rates, but traders await policy outlook – NBC10 Philadelphia
Markets are pricing in a near certainty that the Federal Reserve will cut interest rates by a quarter point on Wednesday, bringing the target range to 4.25% to 4.5%. The focal point for investors is central bank policymakers’ economic outlook…