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.
US monetary policy still restrictive, two Fed officials say
12 hours ago · US monetary policy still restrictive, two Fed officials say. By Ann Saphir. November 12, 2024 10:11 PM UTC Updated ago ... Reuters, the news and media division of Thomson Reuters, is the world’s ...
Live Updates Now: Powell Says He Won't Step Down If Trump Asks
5 days ago · November 07, 2024 02:43 PM EST. Chair Powell said that the Federal Reserve doesn't anticipate Donald Trump's presidential election win will have short-term impacts on the committee's plans ...
5 days ago · The Federal Reserve has made the following decisions to implement the monetary policy stance announced by the Federal Open Market Committee in its statement on November 7, 2024: The Board of Governors of the Federal Reserve System voted unanimously to lower the interest rate paid on reserve balances to 4.65 percent, effective November 8, 2024.
Federal Reserve issues FOMC statement
Jul 31, 2024 · The Committee is strongly committed to returning inflation to its 2 percent objective. In assessing the appropriate stance of monetary policy, the Committee will continue to monitor the implications of incoming information for the economic outlook.
Key takeaways from the Fed’s decision to hold rates steady
Jan 30, 2024 · The Federal Reserve held interest rates steady Wednesday for the fourth-straight meeting, keeping its benchmark lending rate at a 23-year high, as Wall Street eagerly awaits rate cuts sometime ...
Fed leaves rates unchanged, flags 'lack of further progress' on ...
May 2, 2024 · WASHINGTON, May 1 (Reuters) - The U.S. Federal Reserve held interest rates steady on Wednesday and signaled it is still leaning towards eventual reductions in borrowing costs, but put a red flag on...
Markets rise after Federal Reserve hits pause again on rate hikes - CNN
Nov 1, 2023 · The Federal Open Market Committee, the Fed committee that sets monetary policy, has reached unanimous policy decisions nearly every meeting this entire rate-hiking cycle that began in...
Federal Reserve issues FOMC statement
Sep 22, 2021 · The Committee would be prepared to adjust the stance of monetary policy as appropriate if risks emerge that could impede the attainment of the Committee's goals. The Committee's assessments will take into account a wide range of information, including readings on public health, labor market conditions, inflation pressures and inflation ...
Federal Reserve News What Happened Today at the Fed Meeting
May 3, 2023 · Jeanna Smialek. 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...