The central bank lowered the federal funds rate today. Here's what's next.
Similar Stories to Fed Meeting Recap: Fed Lowers Rates By 0.5%, Signals More Rate Cuts This Year on Bing News
Courtney Johnston, CNET
Wed, 09/18/2024 - 3:31pm
BING NEWS:
- The Fed Cut Interest Rates In November, And More Rate Cuts Are Coming
The Federal Reserve cut interest rates by 0.25% on November 7. More interest rate cuts are likely through the end of 2026.
11/8/2024 - 4:12 am | View Link - Fed Meeting Today: FOMC Cuts Rates Again; Powell Says He Will Refuse to Resign if Trump Asks
The Federal Reserve cut interest rates by a quarter of a percentage point on Thursday in a move that preserves flexibility as officials contend with a cooling labor market and lower inflation. Tuesday ...
11/8/2024 - 2:39 am | View Link - Fed lowers key interest rate by quarter point as inflation eases but pace of cuts may slow
After a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point from its 23-year high.
11/8/2024 - 1:48 am | View Link - Fed cuts interest rates in first meeting since Trump win
The Fed on Thursday cut interest rates for the second time this year, opting to lower its target rate by a quarter of a percentage point.
11/7/2024 - 10:35 am | View Link - The Fed Cuts Rates, but the Path Ahead Is Less Clear
Given those developments, Fed officials began to cut interest rates with an unusually large half-point reduction in September. They also forecast at that meeting that they would make another ...
11/7/2024 - 10:09 am | View Link - More
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