US monetary policy still restrictive, two Fed officials say
12 hours ago · The Federal Reserve's policy rate continues to act as a brake on the resilient labor market and on inflation that is still above the 2% target, two U.S. central bankers said on Tuesday, a view ...
Fed Cuts Rates Again - The New York Times
5 days ago · The Fed’s move comes just days after America elected Donald J. Trump as its next president, and at a moment when the U.S. economy stands on the brink of change. Fed officials lowered interest ...
Stock Market News, Nov. 7, 2024: Nasdaq, S&P Gain as Fed Cuts …
6 days ago · Next up is the Fed's interest-rate decision, due at 2 p.m. ET. It is widely expected to cut by a quarter-percentage point. Earlier, the Bank of England made its own rate cut, the first major ...
Fed meeting today: Interest rates cut by quarter-point as Powell ...
5 days ago · Fed Chairman Jerome Powell said the U.S. economy is in very good condition, but "people are still feeling the effects of high prices." The economy and inflation were the top concerns of swing ...
Fed cuts key interest rate a quarter-point but signals ... - NBC News
5 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.
Federal Reserve issues FOMC statement
6 days ago · Federal Reserve issues FOMC statement. Recent indicators suggest that economic activity has continued to expand at a solid pace. Since earlier in the year, labor market conditions have generally eased, and the unemployment rate has moved up but remains low. Inflation has made progress toward the Committee's 2 percent objective but remains ...
U.S. Federal Reserve News | Today's Latest Stories | Reuters
6 days ago · U.S. Federal Reserve. Latest Stories. Macro Matters · 3:02 AM PST. Fed to cut rates, but with a new landscape to decipher after Trump win. The Fed is expected to reduce its benchmark policy...
Live updates: First Fed rate cut since Covid | CNN Business
Sep 18, 2024 · In a significant shift for the US economy, the Federal Reserve announced a jumbo-sized rate cut Wednesday, its first rate reduction cut since Covid. It’s a major economic milestone both for the...
Stocks Hit Record High a Day After Fed’s Big Interest Rate Cut
Sep 19, 2024 · Stocks on Wall Street notched new highs on Thursday, after a momentous cut to interest rates from the Federal Reserve invigorated a global market rally.
Federal Reserve News What Happened Today at the Fed Meeting
May 3, 2023 · What to know about the Fed’s latest move. Federal Reserve officials raised interest rates by a quarter-point on Wednesday in the tenth straight move in their fight against rapid inflation...