US monetary policy still restrictive, two Fed officials say
1 day ago · The Federal Reserve's policy rate continues to act as a brake on the resilient labor market and on inflation that is still above the 2% target, two U.S. central bankers said on Tuesday, a view ...
Key takeaways from the Fed’s decision to deliver a jumbo-sized …
Sep 18, 2024 · The Federal Reserve slashed interest rates aggressively Wednesday, announcing the first rate cut since March 2020. The half-point move paves the way for lower borrowing costs on everything from...
After Fed Cuts Rates, Biden Claims Credit for Economy’s Strength
Sep 19, 2024 · President Biden on Thursday hailed the Federal Reserve’s move this week to begin cutting interest rates, casting it as a sign of America’s economic health and evidence that a national price...
Live updates: First Fed rate cut since Covid | CNN Business
Sep 18, 2024 · The Federal Reserve cut interest rates for the first time in the Biden era after the White House spent the last three years grappling with Americans’ dissatisfaction with the cost of living.
News updates from November 7: Fed cuts rates by a quarter point; Biden …
6 days ago · News updates from November 7: Fed cuts rates by a quarter point; Biden urges Americans to bring down ‘temperature’ in politics on facebook (opens in a new window) News updates from November 7 ...
The Fed is finally about to cut interest rates. What took so long?
Sep 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 bank’s...
Federal Reserve goes big with half-point interest rate cut ... - NBC News
Sep 18, 2024 · The Federal Reserve said Wednesday it was lowering its key interest rate by half a percentage point, an unusually aggressive move designed to cushion the economy from a further slowdown.
Fed cuts interest rates by a half-point, more expected this year
Sep 18, 2024 · The Federal Reserve has cut interest rates for the first time in four years, putting an end to its longest cycle of rate hikes in roughly a decade. On Wednesday, the Fed lowered rates by a half...
A Fed Rate Cut Would Cap a Winning Streak for Biden and Harris …
Sep 18, 2024 · A Fed Rate Cut Would Cap a Winning Streak for Biden and Harris on Prices. Improved data on borrowing costs and price growth has buoyed consumers, but it might be coming too late to...
Federal Reserve News What Happened Today at the Fed Meeting
May 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...