The Fed lowered interest rates by a quarter percentage point — but policymakers are projecting fewer rate cuts next year as inflation remains elevated.
The Federal Reserve announced a quarter-point cut to its key interest rate Wednesday, an effort to keep stable what appears to be a steady but cooling ...
The Federal Reserve has been cutting rates since September, even as inflation progress stalls.
The Federal Reserve cut interest rates by a quarter point and published a forecast suggesting only two rate cuts next year. Jerome H. Powell, the Fed chair, ...
He also said the Fed "needs to cut more" as high interest rates are bottlenecking the housing market and pressuring the consumer.
The Fed trimmed a key interest rate by a quarter percentage point, its third straight rate cut. But it forecast fewer 2025 cuts amid inflation uptick.
Wednesday's meeting, though, could mark a shift to a new phase in the Fed's policies: Instead of a rate cut at each meeting, the Fed is more likely to cut ...
The Federal Reserve on Wednesday cut interest rates by a quarter point, the third rate cut since it began to lower borrowing costs in September.
U.S. stocks plunged on Wednesday, erasing earlier gains after the Federal Reserve cut interest rates by a quarter of a percentage point and the central ...
The Federal Reserve cut rates as expected and penciled in two more for 2025. But the S&P 500 turned lower over doubts the Fed will follow through.
U.S. central bankers on Wednesday issued fresh projections calling for two quarter-point interest-rate cuts next year amid rising inflation, ...
The Federal Reserve cut its key interest rate by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly ...
Wall Street had a strong response Wednesday after the US central bank forecast just two interest rate cuts in 2025, not the previously projected four.
The Federal Reserve cut interest rates by 0.25 percentage point today, making its third rate cut this year. Follow along for live updates on stocks, ...
The U.S. central bank lowered interest rates on Wednesday, but Federal Reserve Chair Jerome Powell said more reductions in borrowing costs hinge on further ...
The stock market plunged on Wednesday after the Federal Reserve scaled back its expectations for interest rate cuts next year.
Fed officials released projections on Wednesday showing the median expectation among them is for two more cuts to the federal funds rate in 2025, ...
Speaking at a press conference in Washington D.C. on Wednesday, Fed Chair Jerome Powell said the central bank may proceed at a slower pace with future rate cuts ...
Recent indicators suggest that economic activity has continued to expand at a solid pace. Since earlier in the year, labor market conditions have generally ...
The Fed lowered the federal funds rate — the interest rate banks charge each other for short-term loans — to a range of 4.25% to 4.5%, down from its previous ...
The Federal Reserve cut rates for a third time this year, but investors shuddered at revised forecasts suggesting only two cuts in 2025.
The Federal Reserve on Wednesday announced its decision on interest rates.