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 ...
The Federal Reserve today made itsfinal interest rate decision of 2024, capping a year during which the central bank provided some financial relief to inflation-weary borrowers in September by ushering inits first rate reductionin four years.On Dec. 18, the Federal Reserve made itsthird consecutiv...
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.
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 ...
Federal Reserve cuts interest rates ABC News’ Elizabeth Schulze shares what you need to know about the Fed cutting interest rates and how it will affect your wallet. September 19, 2024 Additional Live Streams Live ABC News Live Live Brush fire in Santa Ynez reservoir, California Live View of...
Wednesday's rate cut decision is expected to be the first in a series of moves tolower interest rates. Prior to the Fed's announcement, markets expected the Fed to announce further rate cuts at its meetings in the months ahead, as the CME FedWatch tool sees a slightly more than 50% pro...
The Federal Reserve cut its key rate by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trump’s presidential...
The Federal Reserve on Wednesdayannouncedits third consecutive interest rate cut of 2024, reducing its benchmark rate by 0.25 percentage points amid cooling inflation. Yet in a blow for borrowers, the central bank also projected that it will loosen rates less nex...
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.
Despite September's rate cut, mortgage rates have risen in recent weeks because of investor concerns about a resurgence of inflation under president-elect Donald Trump's economic policies. The Federal Reserve stayed the course on its campaign of rate cuts Thursday, trimming its benchmark interest r...