Fed Announces Big Rate Cut - The New York Times
WEBSep 18, 2024 — The S&P 500 and tech-heavy Nasdaq both closed roughly 0.3 percent lower, a modest drop, after rising earlier in the day on the news of the half-percentage rate cut.
Federal Reserve lowers interest rates by 0.50 percentage ... - CBS News
WEB6 days ago — The Federal Reserve on Wednesday said it is cutting its benchmark interest rate by 0.50 percentage points, marking the first reduction in four years and moving to ease borrowing costs as...
Live updates: First Fed rate cut since Covid | CNN Business
WEBSep 18, 2024 — In a significant shift for the US economy, the Federal Reserve announced a jumbo-sized rate cut Wednesday, its first rate reduction cut since Covid. It’s a major economic milestone both...
The Fed Makes a Large Rate Cut and Forecasts More to Come
WEBSep 18, 2024 — The Federal Reserve cut interest rates on Wednesday by half a percentage point, an unusually large move and a clear signal that central bankers think they are winning their war against...
Federal Reserve goes big with half-point interest rate cut ... - NBC News
WEBSept. 18, 2024, 2:00 AM PDT / Updated Sept. 18, 2024, 12:47 PM PDT. By Rob Wile. The Federal Reserve said Wednesday it was lowering its key interest rate by half a percentage point, an unusually ...
Fed cuts rates by a half point at September 2024 meeting
WEB6 days ago — Federal Reserve cuts rates by 50 basis points. WASHINGTON – The Federal Reserve on Wednesday enacted its first interest rate cut since the early days of the Covid pandemic, slicing half a ...
The Fed just made a jumbo rate cut. Here are 5 takeaways on ... - CBS News
WEB5 days ago — The Federal Reserve on Wednesday lowered its benchmark rate by 0.50 percentage points, or double the more typical 0.25 percentage point cut.
WATCH: Federal Reserve Chair Powell speaks after Fed …
WEB6 days ago — WASHINGTON (AP) — The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates helped tame...
The Fed is finally about to cut interest rates. What took so long?
WEBSep 16, 2024 — It’s a pivotal week for the US economy, with the Federal Reserve expected to cut interest rates for the first time since 2020. The move would mark a major milestone both for the central...
Fed Keeps Rates Steady and Forecasts Only One Cut This Year
WEBJun 12, 2024 — The Federal Reserve left interest rates unchanged on Wednesday and signaled one cut in 2024, with more to come in 2025. Earlier, inflation data for May came in cooler than expected.