How to Invest During Rate Cuts U.S. News' panel of financial advisors offers some timeless advice as the Fed cuts rates by another quarter of a point. Rachel McVearryDec. 18, 2024 Fed Rate Cut: Winners and Losers Will you be better or worse off after a Fed rate cut? Find out here...
WASHINGTON -- The US Federal Reserve on Wednesday slashed interest rates by 25 basis points, the third consecutive rate cut in this easing cycle, as it braces for uncertainty stemming from the incoming Donald Trump administration's tariff policies. "The economic outlook is uncertain, and the Comm...
WASHINGTON -- The US Federal Reserve on Wednesday left the target range for the federal funds rate unchanged at 4.25 percent to 4.5 percent, as recent data showed inflation is picking up. "The Committee judges that the risks to achieving its employment and inflation goals are roughly in balance...
Federal Reserve Officials See Risks of Higher Inflation Ahead, Support Pause in Rate Cuts Federal Reserve officials at a meeting last month pointed to rising risks that inflation could worsen, a key reason they kept their benchmark interest rate unchanged ...
Today, the Federal Reserve concluded its two-day Open Markets Committee meeting by leaving interest rates untouched, as expected, and saying it will likely stay that way for longer than previously anticipated. Rate Hike 'Unlikely' in This Cycle, Powell Says ...
A screen on the trading floor at The New York Stock Exchange (NYSE) display a news conference with Federal Reserve Chair Jerome Powell following the Federal Reserve rate announcement, in New York City, U.S., September 18, 2024. REUTERS/Andrew Kelly By Nupur Anand and Saeed Azhar NEW Y...
Federal Reserve policymakers noted the potential for higher tariffs to contribute to inflation remaining above the central bank's 2% target rate in the minutes from their last meeting. video Wall Street bull pushes back on bearish market sentiment: 'I've never been more confident' Michael Lee Str...
Updated on: September 19, 2024 / 8:22 AM EDT / CBS News It's been a long and bumpy road to the Federal Reserve's first interest rate cut in more than four years — a moment that could prove decisive to the finances of millions of Americans. ...
WASHINGTON -- The US Federal Reserve on Wednesday left interest rates unchanged at a 22-year high of 5.25 percent to 5.5 percent, as inflation continues to be cooling, hinting that a rate cut might come as soon as September. "Inflation has eased over the past year but remains somewhat elev...
Events:The Reserve Bank of Australia issues an interest rate decision. Economists at Bank of America and Westpac expect a 25-basis-point rise to 4.35 per cent. The Bank of Japan releases minutes of its June monetary policy meeting. China marks Army Day, the anniversary of the founding of it...