The Fed is finally about to cut interest rates. What took so long?
WEB1 day ago · Washington CNN —. 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 ...
News & Events - Federal Reserve Board
WEBAug 21, 2024 · News & Events. Minutes of the Federal Open Market Committee, July 30–31, 2024. August 21, 2024. The Fed Listens initiative aims to engage a wide range of stakeholders to hear how the economy is progressing across the …
Will the Federal Reserve cut interest rates fast enough to deliver a ...
WEB1 day ago · One hopeful sign is that as Powell and other Fed officials have signaled that rate cuts are coming, many interest rates have already fallen in anticipation. The average 30-year mortgage rate dropped to 6.2% last week — the lowest level in about 18 months and down from a peak of nearly 7.8%, according to the mortgage giant Freddie Mac.
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.
Federal Reserve News Fed Takes Aggressive Action in Inflation …
WEBJun 15, 2022 · The Federal Reserve took its most aggressive step yet to try to tame rapid and persistent inflation, raising interest rates by three-quarters of a percentage point on Wednesday and signaling that...
Federal Reserve News What Happened Today at the Fed Meeting
WEBMay 3, 2023 · What to know about the Fed’s latest move. Federal Reserve officials raised interest rates by a quarter-point on Wednesday in the tenth straight move in their fight against rapid inflation...
Key takeaways from the latest Fed meeting - CNN
WEBMay 1, 2024 · The Federal Reserve said Wednesday it is holding interest rates at their current levels, as hotter-than-expected inflation data continues to push back the timing of the first rate cut. Fed...
Joint Statement by the Department of the Treasury, Federal Reserve…
WEBMar 12, 2023 · For releaseWashington, DC -- The following statement was released by Secretary of the Treasury Janet L. Yellen, Federal Reserve Board Chair Jerome H. Powell, and FDIC Chairman Martin J. Gruenberg:Today we are taking decisive actions to protect the U.S. economy by strengthening public confidence in our banking system. This step …
Federal Reserve - Financial Times
WEB5 days ago · The latest news from the Federal Reserve. Extensive coverage and analysis of the Fed's monetary policy decisions and reports, including updates on US interest rates.
Federal Reserve officials were open to further US rate rises to …
WEBMay 22, 2024 · Some US Federal Reserve officials signalled they would be prepared to raise interest rates further if inflation became more aggressive, according to a record of their last meeting at the start...