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 next...
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...
Powell on Wednesday again stated that the central bank prefers keeping rates elevated until inflation falls closer to its 2% annual target because of the risk that cutting too soon could fuel another round of price spikes. Still, the Fed's quarterly projections of future interest rate cuts are ...
The Federal Reserve previously signaled that policymakers wouldn't wait for inflation to hit 2% before cutting interest rates.(Ting Shen/Bloomberg via / Getty Images) Markets fully priced in a 25-basis-point rate reduction ahead of the Fed's decision on Wednesday, although traders increasingly exp...
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.
America’s Federal Reserve cut interest rates by another quarter-point, to 3.75%. Wall Street, which had been (1) for a sixth half-point cut, was disappointed. The Dow fell by 2% (2) the week. The past week’s economic statistics gave mixed signals. Exports dropped by 2% in both Mar...
D.(D) The Federal Reserve lowered the discount rate to lubricate credit market. 相关知识点: 试题来源: 解析 B [听力原文]6-10 Washington The Federal Reserve cut interest rates by a modest quarter-percentage point on Tuesday, disappointing Wall Street hopes for bolder action but offering a bit ...
The Federal Reserve announced it’s cutting interest rates for the first time since the beginning of the Covid-19 pandemic. The rates will be reduced by half a percentage point in effort to cushion the economy from a further slowdown.
The Federal Reserve cut its key interest rate by 50 basis points, reducing borrowing costs for the first time since 2020. The Fed plans to reduce interest rates further in the coming months, aiming to bolster the economy and job market by making borrowing less costly for all kinds of loans...
The Federal Reserve announced its second interest rate cut of 2024, but Trump's economic priorities could impact future policy.