The Federal Reserve announced an interest rate cut of 0.25 percentage points as inflation continues to cool. CBS News business analyst Jill Schlesinger breaks down the announcement and CBS News correspondent Natalie Brand has more from the White House.Nov 8, 2024 ...
Wednesday's move marks the Fed's final interest rate decision prior to President-elect Donald Trump's Jan. 20 inauguration. While price increases have cooled from their June 2022 peak, opening the door to Fed rate cuts this year, inflation has remained sticky and well above the Fed's ...
The Federal Reserve stayed the course on its campaign of rate cuts Thursday, trimming its benchmark interest rate by a quarter-point in a widely expected move. In a unanimous vote, the Fed's policy committee lowered its benchmark interest by 0.25 percentage points to 4.5% to 4.75%, its lo...
网络Federal Reserve cuts interest ratesfed rate cut 双语例句 1. Thus the fact that the Fed is easing does not mean it cannot intervene to support the dollar. 因此,美联储降息并不意味着它不能干预并支持美元。 —— 给力词典精选 2. After the Federal Reserve cut interest rates on March 18th,...
The Federal Reserve cut its key interest rate by a quarter-point in response to a steady decline in once-high inflation that angered Americans and helped drive Trump’s election victory.
While the Federal Reserve is expected to cut its key interest rate next week, stubborn inflation could pressure the central bank to keep rate cuts few and far between next year.
The Federal Reserve announced the first interest rate cut in four years at its September policy meeting amid progress in slowing down the pace of inflation toward its 2% goal.
Federal Reserve cuts interest rates by quarter-point The Federal Reserve on Thursday announced a quarter-point rate cut, setting the path for borrowing costs two days after the victory of President-Elect Donald Trump. November 7, 2024 Additional Live Streams Live ABC News Live Live Former ...
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 ofhigh ratesthat helped tame inflation but also made borrowing painfully expensive for American consumers. ...
The Federal Reserve on Thursday lowered its benchmark borrowing rate by 0.25 percentage points. Kelly O'Grady examines what the move could mean for Americans' pocketbooks.