The Fed lifted its key interest rate 0.75 percentage point for third straight meeting to aggressively fight inflation, but risking recession.       

BING NEWS:
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    Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, ...
    12/18/2024 - 11:33 am | View Link
  • Fed lowers rates but sees fewer cuts in 2025 due to stubbornly high inflation
    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 progress in lowering stubbornly high ...
    12/18/2024 - 9:55 am | View Link
  • Here's how much the Fed lowered interest rates
    The move follows a 50-basis-point ... percentage rates (APR). It will have an impact, however, because the federal funds rate is tied to the prime rate, which is used to calculate variable ...
    12/18/2024 - 8:30 am | View Link
  • Fed Cuts Key Interest Rate To Lowest In Nearly Two Years
    Investopedia / Photo Composite by Alice Morgan / Getty Images As widely expected, the Federal Reserve lowered its key interest rate by a quarter of a percentage point to a range of 4.25% to 4.5% ...
    12/18/2024 - 7:04 am | View Link
  • The Fed Cut Rates and Signaled a Long Fight Against Inflation
    reducing borrowing costs by a quarter of a percentage point. They also shook up financial markets by forecasting notably higher inflation and two fewer rate cuts in 2025 than they had previously ...
    12/17/2024 - 11:00 am | View Link
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