The size of the initial cut will likely raise questions about the Fed’s strategy. The Federal Reserve cut interest rates by half a percentage point on Wednesday, kicking off what is expected to be a steady easing of monetary policy with a larger-than-usual reduction in borrowing costs that followed growing unease about the health of the job market.

Topics:  fed s   the federal reserve   interest rates   cut   
BING NEWS:
  • Fed cuts major interest rate by half-point
    The Federal Reserve made an unexpected move by cutting its benchmark interest rate by a half-point, marking its first rate cut in over four years and lowering the key rate to approximately 4.8% from a ...
    09/18/2024 - 12:26 pm | View Link
  • Federal Reserve cuts interest rates by half a percentage point
    The Fed cut interest rates today for the first time in four years in an effort to boost the economy and curb a slowdown in the labor market. NBC News' Christine Romans reports on what it means for ...
    09/18/2024 - 12:05 pm | View Link
  • Fed cuts interest rates for first time in 4 years
    After hiking interest rates eleven times following the coronavirus outbreak, the Federal Open Market Committee (FOMC) announced Wednesday that it will lower the benchmark borrowing rate by half of a ...
    09/18/2024 - 12:01 pm | View Link
  • US Federal Reserve cuts interest rates for the first time in four years
    The US Federal Reserve slashes interest rates by half a point, the first reduction in more than four years. The US Federal Reserve has slashed interest rates by half a point, the first reduction in ...
    09/18/2024 - 11:46 am | View Link
  • Federal Reserve cuts interest rates by half-point
    The Federal Reserve opted to make a "jumbo" cut to interest rates and more are forecast to be on the way. FOX 4's Alex Boyer breaks down what it means for you.
    09/18/2024 - 11:15 am | View Link
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