Wall Street ends mixed while inflation data keeps Fed rate-cut …
19 hours ago · A Labor Department report showed the consumer price index (CPI) rose 0.2% in October on a monthly basis, compared with estimates of a 0.2% increase, according to economists polled by Reuters. It ...
Musalem says Fed in 'last mile' of inflation fight, but recent data ...
12 hours ago · The Federal Reserve is in the "last mile" of its inflation fight, with price pressures converging towards the U.S. central bank's 2% target, though recent data have raised the risk that progress ...
Fed Cuts Rates Again - The New York Times
6 days ago · Federal Reserve officials cut interest rates on Thursday, their second reduction of 2024 and the latest sign that policymakers believe that inflation is finally coming under control.
Fed cuts key interest rate a quarter-point but signals ... - NBC News
6 days ago · The Federal Reserve announced Thursday it was lowering its key interest rate by a quarter-point — a widely expected move that coincides with inflation approaching the central bank's 2% goal.
The Fed just cut rates again — and the timing is undeniably …
6 days ago · Mandel Ngan/AFP/Getty Images. The Federal Reserve cut interest rates by a quarter point Thursday on the heels of the US presidential election earlier this week. It’s the second rate cut since ...
Mortgage Rates Fell, Then Rose. What Comes Next?
2 days ago · The rate on a 30-year mortgage has risen to 6.79 percent nationally, from about 6.1 percent a month ago. Martina Tuaty for The New York Times. Rafael Corrales, a real estate agent in Miami ...
Live updates: First Fed rate cut since Covid | CNN Business
Sep 18, 2024 · The Federal Reserve was widely expected to announce at least a quarter-point cut on Wednesday, signaling lower borrowing costs for American households and businesses.
Fed Announces Big Rate Cut - The New York Times
Sep 18, 2024 · Federal Reserve officials agree that Wednesday’s rate cut is unlikely to be their last. They are much less united on how far or how quickly they will decide to lower rates moving forward.
What you should know after the Fed cut rates | AP News
Sep 18, 2024 · The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses.
Fed cuts interest rates again but Trump win clouds outlook for 2025
2 days ago · On Thursday, the Federal Reserve reduced the federal funds rate by a quarter point to bring the short term rate down to a set range of 4.5% to 4.75%. The rate cut follows a half-point cut on Sept. 18.