Federal Reserve lowers interest rates by 0.50 percentage ... - CBS News
WEBSep 18, 2024 · 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...
News & Events - Federal Reserve Board
WEB4 days ago · Board of Governors of the Federal Reserve System The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system.
WATCH: Federal Reserve Chair Powell speaks after Fed …
WEBSep 18, 2024 · 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...
Federal Reserve: Interest rates will stay at two-decade high - AP News
WEBUpdated 6:53 PM PDT, May 1, 2024. WASHINGTON (AP) — The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn’t plan to cut interest rates until it has “greater confidence” that price increases are slowing sustainably to its 2% target.
Federal Reserve News Fed Raises Rates Amid Banking Turmoil
WEBMar 22, 2023 · The Federal Reserve raised interest rates by a quarter-point, the ninth increase in a year, as it balances the long-running fight against inflation with the sudden tumult in banking.
Dow surges to new record as Fed signals three rate cuts in 2024
WEBDec 13, 2023 · The Federal Reserve said Wednesday it is holding its interest rate steady and could cut rates at least three times next year. Wall Street celebrated the end of almost two years of aggressive...
Federal Reserve launches real-time payments system in first big …
WEBJul 20, 2023 · The Federal Reserve has launched a new real-time payments system, the biggest advance in decades for the antiquated US money transfer network. FedNow will enable Americans to move money ...
Federal Reserve minutes: Policymakers saw a ... - Associated Press News
WEBMay 22, 2024 · WASHINGTON (AP) — After several unexpectedly high inflation readings, Federal Reserve officials concluded at a meeting earlier this month that it would take longer than they previously thought for inflation to cool enough to justify reducing their key interest rate, now at a 23-year high.
Fed's favored inflation gauge shows cooling ... - Associated Press News
WEB1 day ago · WASHINGTON (AP) — The Federal Reserve’s preferred inflation measure on Friday provided the latest sign that price pressures are easing, a trend that is expected to fuel further Fed interest rate cuts this year and next.. Prices rose just 0.1% from July to August, the Commerce Department said, down from the previous month’s 0.2% …
U.S. Federal Reserve News | Today's Latest Stories | Reuters
WEB4 days ago · The Federal Reserve's blackout period on public comment around meetings of the U.S. central bank lifts on Friday after a key interest rate decision earlier in the week, with Governor Chris...