The Fed’s 19 policymakers projected that they will cut their benchmark rate by a quarter-point just twice in 2025, down from their previous estimate in September of four rate cuts. 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 inflation.
Fed Cut Interest Rates By A Quarter Point And Expects Fewer Reductions In 2025
Associated Press, Fast Company
Wed, 12/18/2024 - 6:11pm
BING NEWS:
- The Fed expects to cut rates more slowly in 2025. What that could mean for mortgages, debt and more
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 ...
12/25/2024 - 8:00 pm | View Link - Fed cuts rates, markets plunge
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 ...
12/18/2024 - 1:49 pm | View Link - Fed cuts rates by quarter point, scales back cuts for 2025
The Federal Reserve reduced interest rates by a quarter percentage point Wednesday and scaled back the number of cuts it expects to make ... third consecutive rate cut of 2024 despite signs ...
12/18/2024 - 11:00 am | View Link - Fed slashes rates but signals slower pace of cuts in 2025 — Dow plunges more than 1,100 points
The Federal Reserve slashed interest rates as expected Wednesday ... In September, the Fed issued an outsize, half-point interest rate cut – its first cut since 2020 – on “greater confidence ...
12/18/2024 - 8:59 am | View Link - U.S. Federal Reserve cuts interest rates by another quarter point
The 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, ...
12/18/2024 - 8:38 am | View Link - More
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