Fed cuts interest rates by a half-point, more expected this year
WEB1 day ago · Updated. September 18, 2024 at 1:05 p.m. EDT. Fed Chair Jerome H. Powell is expected to present his diagnosis of the economy during a Wednesday afternoon new conference. (Alexander Drago/Bloomberg ...
The Fed's biggest interest rate call in years happens Wednesday.
WEB2 days ago · The FOMC has been holding its benchmark fed funds rate in a range between 5.25%-5.5% since it last hiked in July 2023. That's the highest it's been in 23 years and has held there despite the Fed's ...
WATCH: Federal Reserve Chair Powell speaks after Fed announces …
WEB1 day ago · WATC H: Chicago Fed president expects multiple interest rate cuts amid economic ‘overcooling’. In a statement and in a news conference with Chair Jerome Powell, the Fed came closer than it has ...
Read the Full FOMC Statement - Barron's
WEBIn light of the progress on inflation and the balance of risks, the Committee decided to lower the target range for the federal funds rate by 1/2 percentage point to 4-3/4 to 5 percent.
Federal Reserve issues FOMC statement
WEB1 day ago · Federal Reserve issues FOMC statement. For release at 2:00 p.m. EDT. Recent indicators suggest that economic activity has continued to expand at a solid pace. Job gains have slowed, and the unemployment rate has moved up but remains low. Inflation has made further progress toward the Committee's 2 percent objective but remains …
Live: Fed Rate Decision, Powell News Conference
WEBJun 12, 2024 · The FOMC voted unanimously to leave benchmark rate unchanged in target range of 5.25%-5.5%, a two-decade high, for a seventh straight meeting. The statement was tweaked to note “modest”...
Live: Analysis of Fed Rate Decision, Powell News Conference
WEBJul 31, 2024 · Powell Says Downside Risk to Fed’s Labor Mandate Is ‘Real’. Fed holds rates steady in unanimous decision. Powell says rate cut could happen as soon as next meeting. FOMC is ‘attentive ...
Live: Analysis of Fed Rate Decision, Powell News Conference
WEBMay 1, 2024 · The FOMC kept rates unchanged for a sixth straight meeting. Powell said it will take longer than expected to become confident about returning inflation to the Fed’s 2% goal, essentially ruling ...
Fed Meeting Today: Interest Rates Highest in 22 Years; Dow on …
WEBJul 26, 2023 · The FOMC rose interest rates to a 22-year high today. Follow along for the latest news, updates and expert analysis from Wall Street Journal reporters and editors.
Fed rate decision: Live coverage of FOMC meeting, dot ... - MarketWatch
WEBDec 13, 2023 · Follow along to MarketWatch's live coverage of the Federal Reserve interest-rate decision, dot plot forecast, and Chair Jerome Powell press conference. Last Updated: Dec. 13, 2023 at 8:37 PM EST.