Similar Stories to First Interest Rate Cut In 4 Years Likely On The Horizon As The Federal Reserve Meets on Bing News

WASHINGTON — With the end of their two-year fight against inflation in sight, Federal Reserve officials are likely Wednesday to set the stage for the first cut to their key interest rate in four years, a major shift in policy that could eventually lower borrowing costs for U.S. consumers and businesses. Inflation has been falling steadily closer to the Fed’s 2% target for the past several months.

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BING NEWS:
  • Stock market today: Apple pulls down Nasdaq, while Dow hits record close with Fed rate cut on the horizon
    Apple (AAPL): Shares of the tech giant slid more than 2% in morning trading Monday following a burst of analyst reports that suggested early demand for Cupertino's latest smartphone, iPhone 16, is ...
    09/16/2024 - 9:51 am | View Link
  • Tech stocks drag, dollar plumbs lows on rate cut expectations
    Tech stocks dragged on U.S. indexes and the dollar touched a more than one-year low against the yen on Monday as all eyes looked to a Federal Reserve meeting later this week that is expected to usher ...
    09/16/2024 - 9:46 am | View Link
  • Stock market today: Nasdaq slides as Apple slips, with Fed rate cut on the horizon
    The tech-heavy Nasdaq Composite ( ^IXIC) fell 1%. The S&P 500 ( ^GSPC) lost 0.3%, while the Dow Jones Industrial Average ( ^DJI) rose 0.3%, after strong weekly wins for the major stock gauges.
    09/16/2024 - 4:05 am | View Link
  • Will the Federal Reserve cut interest rates fast enough to deliver a 'soft landing'?
    Americans have been waiting for months for what the Federal Reserve is poised to announce this week: that it's cutting its key interest rate.
    09/16/2024 - 3:38 am | View Link
  • Fed set to enter new era with first rate cut in 4 years Wednesday. But what comes next?
    When the Federal Reserve meets Wednesday, officials are expected to mark the end of an era as they cut interest rates for the first time in four years.
    09/16/2024 - 12:00 am | View Link
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